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crypto

Kraken To Suspend ACH Transfers

By
Aidan Ryan
· · Source: The Information

Kraken is suspending Automated Clearing House deposits and withdrawals beginning March 27, citing that it could no longer offer them through Silvergate Bank, a spokesperson told The Information on Wednesday. The decision comes weeks after the crypto-friendly Silvergate announced it would wind down operations and voluntarily liquidate after suffering a run on the bank. “We are working to make...

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