EN 
???? BTC | $36,602 (-472, -1.3%)
???? ETH | $2,453 (-131, -5.1%)
???? XRP | $0.86 (-0.06, -6.2%)
???? LTC | $167 (-4.8, -2.8%)
Crypto-friendly Silvergate Bank has cut its service provision to Binance (not Binance US) after less than a year, mainly affecting US-based customers and US Dollar deposits and withdrawals. No reason was given for this move, although Binance is technically not allowed to service clients based in the USA.
The IMF has come out to criticise El Salvador’s move to make Bitcoin legal tender, and has reached out to provide a potential credit programme to the country. The IMF may have a point – investor confidence in the country’s government appears to have been somewhat shaken, as Salvadoran bonds are the worst-performing emerging market bond this week.
State Street bank has successfully launched a new cryptocurrency division on schedule, 2 months after news of its development broke. The bank will likely conduct its own cryptocurrency transactions, and plans to eventually develop their GlobalLink platform into a multi-asset digital trading system.
