{"id":581180,"date":"2023-03-02T13:59:09","date_gmt":"2023-03-02T13:59:09","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=581180"},"modified":"2023-03-02T14:11:46","modified_gmt":"2023-03-02T14:11:46","slug":"coinbase-signature-silvergates-premarket","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/coinbase-signature-silvergates-premarket\/","title":{"rendered":"Coinbase Onboards Signature As USD Banking Partner, Silvergate’s $SI Down 40% In Pre-market"},"content":{"rendered":"\n
Summary: <\/p>\n\n\n\n
Coinbase will no longer use Silvergate as its partner banking partner for Coinbase Prime, one of the crypto company\u2019s institutional products, per a company memo<\/a>. Moving forward, the crypto exchange has announced Signature banks as its new banking partner. <\/p>\n\n\n\n In Light of Recent Developments & Out of an Abundance of Caution, We Are No Longer Accepting or Initiating Payments to or From Silvergate.<\/p><\/blockquote>\n\n\n\n Also, Prime users were asked to update payment instructions to reflect the changes in USD banking partners. \u201cThe need to update your deposit instructions does not impact your ability to trade on Coinbase Prime and does not impact your crypto holdings on the platforms\u201d, the memo told users. <\/p>\n\n\n