Crypto-Friendly Silvergate Was Not Cut Off From Loans, FHLB Says

Consensus 2023 Nav Bar

The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate Bank late last year, didn’t force Silvergate to repay advances, which had been rumored to be the reason why crypto-focused Silvergate decided to shut down, the FHLB said Wednesday.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts