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I don't believe that crypto played a direct role in either of the failures, Liang said during a hearing of the House Financial Services Committee on Wednesday.

Congressional report says crypto didn’t cause bank

Crypto Didn't Play a Direct Role in Bank Failures: U.S. Treasury

Recently

The Top U.S. Treasury Official Claims That Crypto Played No “direct

Top US Treasury officials said crypto had no direct role in bank

Recently, Nellie Liang, one of the Top US Treasury officials, said crypto had no direct role in bank failures. She also told the House lawmakers that the crypto market was

Nellie Liang

Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, doesn’t believe the digital assets sector should be blamed for the runs on SVB and

Treasury Undersecretary Nellie Liang informed members of the House of Representatives that the crypto industry was not a primary component in the failures of Silicon Valley Bank and

Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, doesn’t believe that the digital assets sector should be blamed for the runs on Silicon

Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank

Crypto Is About to Cause the Next Great American

Crypto Not To Blame For Bank Collapses, Treasury Official Says