| Real-time Estimate TTMZero 04:57:23 17/07/2024 pm IST | 5-day change | 1st Jan Change | ||
| 0.6745 USD | +0.20% |
|
-0.18% | -1.03% |
WASHINGTON (Reuters) - The U.S. Federal Reserve announced Thursday it was ordering Silvergate Bank to implement its previously announced plan to liquidate itself in a way that protects depositors and preserves its funds.
The order, which formalizes the bank's previously announced plans, prohibits the bank from distributing capital or dissipating cash assets without regulatory approval. The crypto-focused bank announced in March it would liquidate itself following the dramatic collapse of crypto exchange FTX.
(Reporting by Pete Schroeder; Editing by Chizu Nomiyama)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 1.304 USD | +0.48% | +1.42% | - | ||
| 1.094 USD | +0.35% | +0.90% | - | ||
| 0.731 USD | 0.00% | -0.46% | - | ||
| 0.6745 USD | +0.20% | -0.18% | - | ||
| 0.6089 USD | +0.31% | -0.02% | - | ||
| 0.012 USD | +0.04% | 0.00% | - | ||
