Silvergate Shares Fall 10% | 7 March 2023 | Daily Morning Note

The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

Shares of Silvergate Capital fell 10%in early trading on Monday after the bank suspended its crypto payments network and expressed doubts over the viability of its business. The crypto-focused bank said late on Friday that it had made a “risk-based decision” to discontinue the Silvergate Exchange Network effective immediately.

#PhillipCapital #YourPartnerinFinance #Servingyousince1975 #PYTCH #PYTCHMedia #DailyMorningNote #DailyNews #FinanceNews

Key takeaways

Similar videos