On Thursday, Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets, Galaxy Digital and Gemini all announced they would suspend Automated Clearing House (ACH) transfers and other business operations with the bank, days after crypto derivatives provider LedgerX announced the same. Kraken appears to be the only major crypto exchange to continue using Silvergate, having ended some transactions with rival bank Signature (SBNY) on Wednesday.
Related posts
-
White House Rehires Adviser Who Helped Develop Biden’s Executive Order on Crypto
The White House has rehired Carole House, who helped... -
Coinbase Gets Flipped by Bybit As World’s Second Largest Crypto Exchange, According to Analytics Firm Kaiko
Crypto exchange Coinbase has been surpassed in volume by Bybit since October, according to analytics firm... -
Solana Adds ‘Blinks’ and ‘Actions’ So Users Can Trade Crypto On Their Favorite Social Apps
Please note that our privacy policy, terms of use, cookies, and do not sell my personal...