Alex discusses the impact of Silver Gate – Ep#13

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The success of cryptocurrency lies in its ability to efficiently manage capital. The sun network, also known as the silver gate exchange network, was developed by Silver Gate a few years ago, and has become the preferred platform for asset managers and institutions. However, as discussed previously, the recent issues with the silver gate network will negatively impact these asset managers and institutions who rely on it for their transactions. Unfortunately, there are limited alternatives available, especially for those located in the US. The recent shutdown of the sending network has further exacerbated the situation. It is unclear what the future holds, but innovative solutions are necessary to ensure efficient management of capital and fiat currency in the cryptocurrency market.

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