Breaking: Silvergate Bank Prepares To Self-Liquidate Following Fed Approval | Coingape

1 year ago 696

In a significant development for the crypto industry, Silvergate Bank, known for its crypto-friendly approach, has agreed to file a self-liquidation plan with California financial regulators within 10 days. This decision comes in response to a consent order issued by the Federal Reserve Board against Silvergate Capital Corporation and Silvergate Bank, indicating the bank’s intention

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Source: coingape.com

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