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Silvergate Plans to Shut Down, Rent the Runaway's Avant Garde

Bloomberg Tech

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Silvergate - The Biggest Challenge for the Crypto Industry

Silvergate was one of the very few banks in the space that were friendly with crypto companies. The company couldn't file their annual report before, and they also talked about the risk of being investigated by the Justice Department. There's concerns among crypto players about how they could exactly transfer US dollar while finding a banking partner in the US.

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