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20 Mar 23

OKX plans to wind down business in Canada

Crypto exchange OKX emailed consumers in Canada that the company would no longer offer services or enable users to establish new accounts in the country. The rules will apply from March 24, 2023. The exchange cited new regulations as the reason for the shift. Withdrawals from OKX will continue to be accessible, the exchange noticed. 🔔 OKX […]

09 Mar 23

Silvergate to wind down operations and liquidate the bank

Amid the crisis surrounding Silvergate, the parent company of Silvergate Bank, Silvergate Capital Corporation, has revealed plans to shut down operations and “voluntarily liquidate” the bank. The crypto-friendly bank earlier ended its crypto payments network. In a press release on March 8, 2023, Silvergate said it intends to cease operations and liquidate its bank, stating […]