Silvergate Bank, which is Californian based, has seen an increase in growth from Bitcoin clients and is about to open its 16th account. The CEO, Alan Lane, has said that their specific compliance process for bitcoin businesses has allowed them to take a different tack to other institutions and be embracing of these businesses. 

"If other banks are shying away from this, it probably wouldn’t be that difficult to generate business if they could create a compliance process that worked."