StocksJar » Analysis » The Rise and Fall of Silvergate’s Crypto Business
The Rise and Fall of Silvergate’s Crypto Business
Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions.
Analysis, banking, Cryptocurrencies, FDIC, news_analysis, Policy, Regulation, Silvergate Bank, US
