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Why You Should (Still) Care About Silvergate

It’s become increasingly clear that crypto-focused banks such as Signature and Silvergate were closed by political mandate during the 2023 banking crisis, says Nic Carter. And the way it was done should bother anyone who cares about open access to financial services.

By Nic Carter|Edited by Benjamin Schiller

Updated Oct 3, 2024, 5:16 p.m. Published Oct 3, 2024, 5:09 p.m.

From the top left: Senator Elizabeth Warren; Silvergate HQ; CoinDesk coverage of Signature's forced sale; Custodia founder Caitlin Long; Signature board member Barney Frank; and SEC Chair Gary Gensler.