Regulated Bank Silvergate Shutters in Latest Blow to Crypto Industry
Posted on 03/09/2023
Silvergate Bank is a regulated U.S. bank and was a keystone in the world of cryptocurrencies. Before embracing crypto in its earlier days, Silvergate was a local commercial real estate lender in San Diego. The once-obscure bank rose to prominence embracing bitcoin and other cryptocurrencies. In March 2023, Silvergate announced they are shuttering and returning…
