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Crypto industry braces for impact with Silvergate exit

Silvergate had been a crypto-fiat gateway network for financial institutions and a significant on-ramp for cryptocurrencies in the United States, but on March 8, its parent company, Silvergate Capital (NYSE:SI) Corporation, disclosed its plans to “voluntarily liquidate” assets and shut down operations.

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Source: Cryptocurrency - investing.com

Gap announces big loss, declining sales and executive shakeup

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