---
title: "Federal Reserve Board drops enforcement action against Silvergate"
url: https://diffcoin.com/federal-reserve-board-drops-enforcement-action-against-silvergate/
description: "Silvergate Bank, a former crypto-friendly bank, collapsed in March 2023 due to the fallout created by the implosion of the FTX exchange. Source link"
published: 2024-07-26
updated: 2024-07-26
author: "Mila"
site: "Diffcoin"
---

# Federal Reserve Board drops enforcement action against Silvergate

Silvergate Bank, a former crypto-friendly bank, collapsed in March 2023 due to the fallout created by the implosion of the FTX exchange.

[Source link](https://cointelegraph.com/news/federal-reserve-board-drops-enforcement-action-against-silvergate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)