![What does the Silvergate collapse mean for crypto? What does the Silvergate collapse mean for crypto?](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-03/d9f2f4a6-0344-4a1e-8302-cd5a98dbb2a6.jpg)
The collapse of crypto-friendly bank Silvergate will likley have a significant impact on the crypto ecosystem and its ties with the banking sector in the U.S. Earlier this week, the parent company of…
![Silvergate Capital Corporation to Wind Down Silvergate Bank Silvergate Capital Corporation to Wind Down Silvergate Bank](https://assets.bitdegree.org/crypto/storage/optimized/silvergate-capital-corporation-announces-plans-to-liquidate-silvergate-bank-featured.jpg)
Yet another major crypto-related firm is shutting down its services. Silvergate Capital Corporation, the parent company of crypto bank Silvergate, announced on March 8th that it plans to shut down Silvergate Bank operations…
![Silvergate downfall sparks debate over whose fault it actually was Silvergate downfall sparks debate over whose fault it actually was](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-03/28d7a9cc-70cf-41b0-a7a8-b15802eb0708.jpg)
The voluntary liquidation of Silvergate Bank has sparked many to share their thoughts about the source of its troubles and the broader impact of the crypto-friendly bank’s collapse on crypto. From lawmakers to…
![Silvergate Bank Announces Liquidation And Winding Down Of Operations Silvergate Bank Announces Liquidation And Winding Down Of Operations](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTk0NDg4MTA1ODc5NzQyMTI5/bitcoin-bank-vault.png)
Once a major banking partner for various cryptocurrency firms, Silvergate will end its operations in line with regulatory requirements. In a press release shared on Wednesday, Silvergate Capital Corporation, the holding company for…
![‘Crypto Friendly’ Bank Silvergate to Wind Down Operations ‘Crypto Friendly’ Bank Silvergate to Wind Down Operations](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2023/02/Silvergate-Change-shutterstock_2122142750-16x9-1-gID_6.jpg@png)
Blaming “recent industry and regulatory developments,” crypto-friendly bank Silvergate announced today that it is winding down operations. According to a Wednesday press release by Silvergate Capital Corporation, the holding company of Silvergate Bank,…
![White House is Aware of the Turmoil At Silvergate Bank White House is Aware of the Turmoil At Silvergate Bank](https://assets.bitdegree.org/crypto/storage/optimized/biden-administration-is-aware-of-the-situation-at-silvergate-bank-featured.jpg)
The spokesperson for the Biden administration says Silvergate is yet another crypto-related firm experiencing “significant issues.” Silvergate Bank, a Californian bank that specializes in providing financial infrastructure to the cryptocurrency trading industry, is…
![Silvergate Solvency In Question As Crypto Banking Troubles Brew Silvergate Solvency In Question As Crypto Banking Troubles Brew](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTkzMzUxMjcwOTg2MTY0MTMx/big-bank.png)
Silvergate clients flee as stock price plummets and regulatory questions mount across the industry. Options for crypto banking partners are dwindling. The article below is an excerpt from a recent edition of Bitcoin…