During her White House press briefing Monday, Jean-Pierre said she couldn’t speak to Silvergate specifically, but noted that a number of crypto companies have “experience[d] significant issues” in recent weeks, and pointed to statements from federal bank regulators warning of the risk cryptocurrencies could pose to banks and other financial institutions.
Source: https://www.coindesk.com/policy/2023/03/06/white-house-is-aware-of-silvergate-situation-spokesperson-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines