Cameron Winklevoss, co-founder and CEO of Gemini, has accused US regulators of double standards in their handling of the First Republic Bank crisis, claiming that if it had been a crypto bank it would have been “assassinated weeks ago”. Three Republican members of the US House of Representatives Financial Services Committee have called for further information on possible coordinated efforts taken against crypto companies based in the US. The advisors to First Republic Bank will now try to coax larger US banking institutions into providing more financial aid, as the government has refused to take the bank into receivership. (Cointelegraph)
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