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CoinDesk

2023-03-03 01:24:20

Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?

Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?

Silvergate Bank is being hollowed out as its customers retreat following the disclosure that it has to reassess its financials and may not be a "going concern" within a year. The prominent California-based crypto bank's future gets increasingly murky.

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