Silvergate is faced with significant uncertainty about deposit flows in the near-term, said the analysts, estimating that Silvergate digital deposits are down 60% quarter-on-quarter so far in Q4. As clients withdraw their deposits the bank faces pressure on net interest margins (NIM) and net interest income (NII) as it needs to fund outflows with securities sales and more costly wholesale borrowing.
“Calling All Crypto Transactions Externalization Would Be Very Limiting,” Warns FMAS:25 Panel
On the Finance Magnates Africa Summit:25, a panel dialogue titled “The Way forward for Crypto, Classes from Africa” introduced collectively...
