Crypto-focused bank Silvergate in talks with FDIC about how to keep the firm in business
<p>You'll recall the dour news for the firm that saw its stock price collapse:</p><p><a href="https://ift.tt/SXzfJlp" target="_blank" rel="follow" data-article-link="true">Crypto-friendly bank Silvergate delayed financial reporting, is analyzing "investigations"</a></p><p>And weighed on the crypto complex:</p><p><a href="https://ift.tt/ipxy2T1" target="_blank" rel="follow" data-article-link="true">Silvergate triggered yet another mini crypto sell-off</a></p><p>Ther are now indications that the firm is seeking to salvage its business. Bloomberg with reports that Silvergate is talking with the FDIC about how to keep the company in business. </p><p>---</p><p>The Federal Deposit Insurance Corporation (FDIC) is a US authority tasked with maintaining stability and public confidence in the nation's financial system.</p><p>Might be best just to ...</p> This article was written by Eamonn Sheridan at www.forexlive.com.
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Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
