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Learn about Sen and its significance in advancing financial technologies and digital solutions.

Silvergate Bank HQ
Adoption   -   Mar 09, 2023 What on Earth has Happened to the US Crypto Banking Sector Post FTX?

Of the two biggest US crypto banks prior to last November’s meltdown at FTX, Silvergate is reportedly now negotiating a route with the FDIC to avoid imminent closure, while rival Signature has made moves to significantly cut back on its crypto exposure. What exactly has gone wrong?

Jack Martin
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Adoption   -   Mar 09, 2023 What on Earth has Happened to the US Crypto Banking Sector Post FTX?
Silvergate Bank HQ

Of the two biggest US crypto banks prior to last November’s meltdown at FTX, Silvergate is reportedly now negotiating a route with the FDIC to avoid imminent closure, while rival Signature has made moves to significantly cut back on its crypto exposure. What exactly has gone wrong?

Jack Martin
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