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FalconX Resumes Use of Silvergate’s Payment Network

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FalconX, the crypto prime broker, resumed use of Silvergate’s payment network after pressing pause on the partnership last week. “Due to the heightened risk environment and Silvergate’s wire payment network outage (Finastra outage update), FalconX updated fiat transfer instructions for clients and paused settlements to/from our Silvergate account,” a FalconX spokesperson told The Block. (The Block)

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