The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate Bank late last year, didn’t force Silvergate to repay advances, which had been rumored to be the reason why crypto-focused Silvergate decided to shut down, the FHLB said Wednesday.
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- Source: https://www.coindesk.com/policy/2023/03/15/silvergate-was-not-cut-off-from-fhlb-loans-bank-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines