(Reporting by Akriti Sharma in Bengaluru; Editing by Leslie Adler)
March 3 (Reuters) - Silvergate Capital Corp said
on Friday it made a "risk-based decision" to discontinue the
Silvergate Exchange Network, after the crypto-focused bank
raised going concern doubts earlier this week.
"Effective immediately Silvergate Bank has made a risk-based
decision to discontinue the Silvergate Exchange Network (SEN).
All other deposit-related services remain operational," read the
notice on Silvergate's website.
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