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When Silicon Valley Bank went bust earlier this month with a huge run on its deposits, the pace astonished even seasoned regulators who’d seen plenty of bank runs before.
But today social media and mobile banking have transformed the speed at which information and money can travel.
And the latest banking crisis has made authorities aware of a new risk: revolutionary technology that can catch them off guard.
Owen Fairclough reports.
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466