Crypto-Friendly Silvergate Bank’s Situation Being ‚Monitored‘ by White House, Spokesperson Says

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During her White House press briefing Monday, Jean-Pierre said she couldn’t speak to Silvergate specifically, but noted that a number of crypto companies have „experience[d] significant issues“ in recent weeks and pointed to statements from federal bank regulators warning of the risk cryptocurrencies could pose to banks and other financial institutions.

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