Sunday, 02 Feb 2025

Silvergate forced to cover $8bn worth of crypto-related withdrawals

Silvergate forced to cover $8bn worth of crypto-related withdrawals


Silvergate forced to cover $8bn worth of crypto-related withdrawals
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Customers of the US bank Silvergate, one of the few mainstream financial organisations that focuses on providing services to the cryptocurrency sector, have pulled more than $8bn (£6.7bn) of their crypto-related deposits from the lender.

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