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Retrieved on: 2025-05-19 08:47:04
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Summary
The article discusses the insolvency risk faced by traditional banks, such as Silicon Valley Bank, due to systemic flaws, contrasting it with crypto exchanges like OKX which utilize Proof of Reserves for transparency and user-verifiable asset security. This highlights a significant paradigm shift from institutional trust to technology-driven verification in financial systems, aiming to minimize systemic risks associated with banking (e.g., liquidity, asset mismatch). Tags such as 'Bank regulation', 'Systemic risk', and 'Crypto exchange' align to illustrate these differences.
Article found on: www.panewslab.com
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