Tag: Signature Bank

FDIC Denies That Potential Signature Buyers Must Give Up Crypto

Signature Bank was one of the two main banks providing financial services to crypto platforms. The bank was majorly invested in crypto, with over a quarter of all deposits coming from the industry. The news dealt a blow to many mainstays of the crypto industry, de-pegging Circle’s USDC and causing uncertainty for Coinbase and Paxos, …

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