Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers | CoinDesk

in #news4 years ago

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Oct 26, 2020, at 13:39 UTC | Updated Oct 26, 2020, at 13:54 UTC, Nathan DiCamillo, one more awesome author from CoinDesk shared with us an amazing post where he said that Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020, according to an earnings report released before the market opened Monday.

To see the full article, please click on the link under and read it;

Link: https://www.coindesk.com/silvergate-bank-q3-2020-earnings

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