It depends on who you ask, but this round of government interventions doesn’t yet resemble the large-scale, taxpayer-involved rescue in the wake of the 2008 financial meltdown.
At least 45 crypto and blockchain startups, ranging from Bittrex to the Electric Coin Company, received U.S. Paycheck Protection Program loans, new filings show.
Drastic measures are being taken by the Federal Reserve as Wall Street reels from fresh predictions of a steep drop-off in economic output due to coronavirus-related lockdowns, business disruptions and job losses.