Bank bailouts

According to reports, Zhao Changpeng, CEO of Coin Security, tweeted that once the regulators implemented a rescue to the bank, it would fall into a dilemma. If there is no relief, it does not conform to the claim of “protecting consumers”. If the bank bails out, it will lose the power to manage risks, thus encouraging banks to take more and more risks, which will lead to more bailouts. He said that this was a thorny issue, and suggested that regulators should only help consumers and compensate them. Then shut…