Dogecoin, the digital currency that started as a joke, has now overtaken Credit Suisse in market capitalization
from Swiss banking titan Credit Suisse, surpassing it in terms of market capitalization.
This amusing development comes hot on the heels of Credit Suisse's disclosure of"material weaknesses" in its financial reporting controls and customer outflows in its annual report. This meltdown will undoubtedly keep the Swiss National Bank, which oversees the country's financial system, on its toes.
With the Swiss banking titan on the verge of implosion, the world of finance appears to be staring down the barrel of yet another crisis.
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