U.S. Senator Michael Bennet has a bone to pick with banks that forge ties with crypto while the marijuana industry remains mostly shut out of the financial system.
“Last weekend, Signature Bank failed and almost a fifth of its deposits came from crypto — like they’re not allowed to do anything with marijuana, but apparently they can lay 20 percent of this on crypto — a notoriously unstable, you know, a thing that nobody here even understands,” Bennet said.
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