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Did regulatory pressure trigger Silvergate Bank’s downfall? New report weighs in

Did regulatory pressure trigger Silvergate Bank’s downfall? New report weighs in


Invezz
2024-09-26 12:04:32

Silvergate Bank, once a key financial institution for the cryptocurrency sector, has become a cautionary tale of how regulatory pressure may have contributed to its downfall. In a new report published on September 25, Nic Carter, a well-known industry analyst, delves into the circumstances that led to Silvergate’s collapse. Carter suggests that informal regulatory actions,


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