Wednesday, 8 March 2023

Silvergate in Talks With FDIC Officials on Ways to Avoid Shutdown: Report

Silvergate Capital is currently in talks with US federal officials on ways to avoid a shutdown of the bank, according to a report. The bank made a "risk-based decision" to discontinue the Silvergate Exchange Network last week, and stated that it was delaying its annual report and said it was evaluating its ability to operate as a going concern.

from Gadgets 360 https://ift.tt/C3Smfzn

No comments:

Post a Comment