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Crypto Banking Firm BCB Prepares U.S. Dollar Payments to Fill Silvergate Void
Crypto Banking Firm BCB Prepares U.S. Dollar Payments to Fill Silvergate Void
BCB Group is accelerating plans to add U.S. dollar capabilities to help fill the hole left by the recently shuttered Silvergate Exchange Network or SEN. The London-based crypt...
Crypto Banking Firm BCB Prepares U.S. Dollar Payments to Fill Silvergate Void

Markets Daily Podcast Cover
Crypto Update | Crypto’s Banking Problem Is Not Ironic
With crypto markets trading more red than green, plus a look at the unintended consequences of Choke Point 2.0, CoinDesk’s “Markets Daily” is back with its latest news roundup...
Markets Daily Podcast Cover

What Silvergate Woes Mean For Stablecoins
What Silvergate Woes Mean For Stablecoins
Digital assets data provider Kaiko says Silvergate Capital's decision to shutter its instant settlement service SEN, which was popular among large investors, will boost the ro...
What Silvergate Woes Mean For Stablecoins

Bitcoin Trading Flat as Silvergate Closes SEN Platform
Bitcoin Trading Flat as Silvergate Closes SEN Platform
Bitcoin (BTC) hovered above $22,400 as Silvergate Bank, which warned last week about its ability to remain in business, discontinued its SEN platform that institutions used to...
Bitcoin Trading Flat as Silvergate Closes SEN Platform

Silvergate Bank HQ
Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers
Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020.
Silvergate Bank HQ

Image of Alex Kravets, CEO of CEX.io's U.S. subsidiary via CEX.io 
Crypto Exchange CEX.io Boosts US Push With Silvergate’s Payment Network
U.K.-based crypto exchange CEX.io says it's joined the Silvergate Exchange Network, the payment rail of the go-to bank for crypto in the U.S..
Image of Alex Kravets, CEO of CEX.io's U.S. subsidiary via CEX.io