This comes as Silvergate Bank (SI), once the go-to bank for crypto, faces significant financial headwinds and regulatory scrutiny. Over the past month, the majority of Silvergate’s clients have parted ways with the beleaguered bank and stopped using its ACH services, including Coinbase, Circle, Paxos, and Crypto.com among others.
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- Source: https://www.coindesk.com/business/2023/03/07/dapper-removes-ach-withdrawal-option-citing-circle/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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