Coinbase users, take note: Coinbase will no longer accept or initiate payments to or from Silvergate. This significant development, announced today, marks a major shift in the cryptocurrency landscape. Cryptocurrency exchange Coinbase Global (NASDAQ: COIN) said Thursday it will no longer accept or initiate payments to or from struggling crypto-focused bank Silvergate Capital.

The decision was made following growing concerns about Silvergate's financial stability. Cryptocurrency exchange Coinbase Global Inc said on Thursday it was no longer accepting or initiating payments to or from troubled lender Silvergate Capital Corp. Silvergate's recent warnings about its financial viability have likely prompted this move from Coinbase. La casa de intercambio Coinbase ya no acepta ni inicia pagos hacia o desde Silvergate de forma inmediata desde el día de hoy. La decisión se ha tomado después de que...

What does this mean for Coinbase users? If you currently use Silvergate for transactions with Coinbase, you'll need to find an alternative payment method. Cryptocurrency exchange Coinbase Global said today it was no longer accepting or initiating payments to or from Silvergate Capital after the lender warned it was.... Consider linking a different bank account or exploring other payment options available within the Coinbase platform.

Coinbase said it was no longer accepting or initiating payments to or from Silvergate after the troubled crypto bank said yesterday that it may be less than well. This emphasizes the proactive approach Coinbase is taking to protect its users and its own operations in light of Silvergate's challenges. Stay tuned for further updates as this situation develops and explore alternative payment methods to ensure seamless Coinbase transactions.