The banking crisis will not kill cryptocurrency banking despite the short-term pain

Regardless of the final outcome, Xu said, every cryptocurrency bear cycle has seen such mysteries, and came out stronger. “Since I’ve been in this industry for as long as I have, this news doesn’t surprise me that we’ve become numb to the effects. That’s to be expected,” he said, adding that this doesn’t mean the end of cryptocurrency banking; Instead, enterprises that do not adapt to new technology will be abandoned.