Banking Crisis: Crypto Bank Silvergate To Begin Self-liquidation After Fed Approval | Coingape

1 year ago 622

Crypto News: The U.S Federal Reserve on Thursday ordered the crypto friendly collapsed bank, Silvergate to carry on with its winding down operations. It gave the bank a 10 day deadline to submit detailed information regarding the process. However, Silvergate now has to choose a way to liquidate itself which preserves its fund and protects

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Source: coingape.com

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