US Regulators Shut Down Republic First Bank, Sparking Crypto Shift

美國監管機構關閉共和第一銀行，引發加密貨幣轉變

US regulators have closed Philadelphia-based Republic First Bank, marking the nation's first bank failure of 2024. This has created a rift among observers and investors in the cryptocurrency market.

美國監管機構關閉了總部位於費城的共和第一銀行，這是該國 2024 年第一家倒閉的銀行。

Bank Failure Prompts Shift Towards Crypto

銀行倒閉促使人們轉向加密貨幣

Crypto trader Pillage Capital has stated that the Republic First Bank collapse is significant because "bank failures are the best possible narrative we can get for crypto."

加密貨幣交易商 Pillage Capital 表示，共和第一銀行的倒閉意義重大，因為“銀行倒閉是我們對加密貨幣所能得到的最好的描述。”

Zesh CEO Marius Martocsan tweeted, "Another bank just collapsed, the Republic First Bank. Yeah... I think I'll stick to Bitcoin."

Zesh 首席執行官 Marius Martocsan 發推文稱：“另一家銀行剛剛倒閉，共和國第一銀行。是的……我想我會堅持比特幣。”

On April 26, the Pennsylvania Department of Banking and Securities seized Republic First Bank, appointing the FDIC as receiver. The FDIC will assume most deposits and acquire the bank's assets.

4 月 26 日，賓州銀行和證券部接管了共和第一銀行，並指定 FDIC 為接管人。 FDIC 將承擔大部分存款並收購銀行的資產。

Republic First's Financial Position

共和第一的財務狀況

As of January 31, Republic First had approximately $6 billion in assets and $4 billion in deposits. Fulton Bank has recently completed the integration process, whether through a merger or acquisition, and will establish a presence in the region early next week.

截至 1 月 31 日，Republic First 擁有約 60 億美元資產和 40 億美元存款。富爾頓銀行最近透過合併或收購完成了整合過程，並將於下週初在該地區建立業務。

Calls for Self-Banking

呼籲自助銀行業務

In 2023, rumors of a possible bank run sent BTC's price down briefly. However, over the last hour, Bitcoin has dropped 1.16% to $62,715 on CoinMarketCap. Ether has declined by 0.58% to $3,095, while altcoins have experienced steeper declines.

2023 年，相關銀行可能發生擠兌的傳言導致 BTC 價格短暫下跌。然而，在過去一小時內，CoinMarketCap 上的比特幣下跌了 1.16% 至 62,715 美元。以太幣下跌 0.58% 至 3,095 美元，而山寨幣則跌幅更大。

Source: CoinMarketCap

資料來源：CoinMarketCap

Banking Industry Turmoil

銀行業動盪

The news of Republic First's failure comes amid a challenging year for the banking industry. The FDIC reported five bank failures in the US in 2023. Republic First Bank has no ties to First Republic, which was acquired by JPMorgan Chase in May 2023.

共和第一銀行倒閉的消息傳出之際，銀行業面臨充滿挑戰的一年。 FDIC 報告稱，2023 年美國有 5 家銀行倒閉。

In March 2023, the Federal Reserve closed Signature Bank, citing systemic risk concerns. This followed the closure of Silicon Valley Bank due to regulatory issues and the announcement by Silvergate Bank, a major crypto-industry transaction facilitator, that it would close its operations and enter voluntary liquidation.

2023 年 3 月，聯準會以系統性風險擔憂為由關閉了 Signature Bank。此前，矽谷銀行因監管問題而關閉，加密行業主要交易服務商 Silvergate 銀行宣布將關閉其業務並進入自願清算。