Silvergate Bank Looking to Become Institutional Crypto Lender -

Most of the legacy banking system is adverse to Bitcoin and cryptocurrency. They see the threat and the pressure from regulators. Because of this, they do not want to deal with it, banning their customers from cryptocurrency purchases.

One bank, Silvergate Bank, is taking the opposite approach. It seeks to become a cryptocurrency lender. This is one of the few traditional institutions to embrace the new technology.

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