Signature
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Markets
Signature Bank failed to understand risks associated with crypto: FDIC chair
Investigations around the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit Insurance Corporation…
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Markets
GAO cites exposure to digital assets in exploring collapse of Signature Bank
The United States Government Accountability Office, or GAO, has released its preliminary review of the failures of Silicon Valley Bank…
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Markets
FDIC pins Signature Bank’s failure on poor governance and illiquidity
The United States Federal Deposit Insurance Corp’s (FDIC) post-mortem assessment of Signature Bank of New York (SBNY) revealed poor management…
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Markets
New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’ – Regulation Bitcoin News
Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the…
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Markets
‘Ludicrous’ idea that Signature Bank’s collapse was connected to crypto, says NYDFS head
Adrienne Harris, superintendent of the New York Department of Financial Services, or NYDFS, has reportedly said the closure of the…
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Markets
Tether ‘unequivocally reiterates’ no exposure to Signature Bank
After a Bloomberg article alleged exposure between stablecoin provider Tether and the now-collapsed Signature Bank, rumors began to circulate regarding…
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Markets
Stablecoin issuer Tether accessed US banking system using Signature: Report
Tether, the firm behind the largest stablecoin by market capitalization, reportedly allowed its clients to send funds through Signature Bank’s…
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Markets
FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg
Martin Gruenberg, chair of the United States Federal Deposit Insurance Corporation, has said the FDIC plans to return roughly $4…
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Markets
Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations – Bitcoin News
On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar…
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Markets
Coinbase pauses support for Signature Bank’s Signet: Report
More than a week after New York regulators closed the crypto-friendly Signature Bank, Coinbase has reportedly stopped support for the…
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