US Federal Reserve Drops Enforcement Action Against Silvergate Bank
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The United States Federal Reserve has announced the termination of its enforcement action against Silvergate Bank alongside its holdings company Silvergate Capital Corporation. This year, the board of the central bank fined the institution $43 million over non-compliance with anti-money laundering (AML) regulations. Federal Reserve Ends Action According to a July 26 announcement, the Federal The post US Federal Reserve Drops Enforcement Action Against Silvergate Bank appeared first on CoinGape .
Source: CoinGape
