Coinbase no longer accepts payments via Silvergate Bank

2 years ago

Following the alleged troubles astatine Silvergate Bank, Coinbase announced that the crypto speech volition nary longer judge oregon initiate payments with Silvergate.

Coinbase nary  longer accepts payments via Silvergate Bank

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Cryptocurrency speech Coinbase announced that it had terminated its concern with Silvergate Bank arsenic its U.S. dollar banking partner, citing the ongoing investigation. In an announcement tweet, the speech said:

"In airy of caller developments & retired of an abundance of caution, Coinbase is nary longer accepting oregon initiating payments to oregon from Silvergate."

The crypto speech volition facilitate organization lawsuit currency transactions with their different banking spouse Signature Bank.

The determination volition not interaction outgo instructions successful GBP oregon euro.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

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