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Last updated: June 16, 2025, 03:27  |  Written by: Mike Novogratz

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Crypto Is About to Cause the Next Great American

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

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

Nellie Liang

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

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

Crypto Not To Blame For Bank Collapses, Treasury Official Says

Recently

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

Congressional report says crypto didn’t cause bank

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

Nellie Liang

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

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

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.

Mike Novogratz can be reached at [email protected].

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