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You are here: Home / Top Stories / The Wall Street Journal: Crypto banks borrow billions from home-loan banks to plug shortfalls

The Wall Street Journal: Crypto banks borrow billions from home-loan banks to plug shortfalls

January 21, 2023 by MarketWatch.com - Top Stories

Two of the biggest banks to cryptocurrency companies are rushing to stem a flood of customer withdrawals by borrowing billions of dollars from Federal Home Loan Banks, the system originally designed to support mortgage lending in the 1930s.

Filed Under: Top Stories

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