(833) 317-6278
Book a Demo
Misyrlena Egkolfopoulou
Gray shield icon
Is this you?
Claim your profile.

Misyrlena Egkolfopoulou

Personal Finance Reporter

AS SEEN ON
Bloomberg News
E-mail icon **********ul@**********net

Responds To:

Not enough data icon

Not enough data

Themes Covered:

Topics Covered:

  • Bloomberg Wealth
  • Housing Market

Journalists With Similar Coverage:

Tracy Alloway

Tracy Alloway

bloomberg,bloomberg-odd_lots
******ay@**********net
Publications
Bloomberg News
Claire Ballentine

Claire Ballentine

Reporter - Personal Finance Team
*********ne@**********net
Publications
Bloomberg News
Margaret Sutherlin

Margaret Sutherlin

Multimedia Editor
********in@**********net
Publications
Bloomberg News
Joe Weisenthal

Joe Weisenthal

Editor
*********al@**********net
Publications
Bloomberg News
Damian Shepherd

Damian Shepherd

News Reporter
*********35@**********net
Publications
Bloomberg News

Articles

The Washington Post

SVB, Silvergate and Why Crypto Still Needs Banks

By: Misyrlena Egkolfopoulou, Yueqi Yang

Crypto’s most ardent supporters present it as the future alternative to regular money. What they sometimes fail to mention is that, for now, most digital currencies still rely on old-fashioned banks for their existence. The need for “on and off ramps” for converting crypto into traditional currencies and back, and the risks this creates, were on display in March when two crypto-friendly US banks collapsed. And a major stablecoin briefly lost its peg to the US dollar after its reserves were stuck

© 2023 Intelligent Relations