Bitcoin Forum

Bitcoin => Press => Topic started by: gentlemand on May 31, 2018, 03:14:07 PM



Title: [2018-05-31] CNBC Meet the small community lender that's become the go-to banker
Post by: gentlemand on May 31, 2018, 03:14:07 PM
https://www.cnbc.com/2018/05/31/meet-silvergates-alan-lane-whos-bankrolling-cryptocurrency-exchanges.html?__source=sharebar%7Ctwitter&par=sharebar

An interesting article about Silvergate bank, the California bank used by Bitflyer, Gemini and Kraken amongst others.

While this is cool, it does go to show how fragile US crypto banking is. If this joint is put under pressure or decides it's not for them any more there could be a heavy impact.