Prospective Signature Bank Buyers Must Promise to Give Up All Crypto Business: Report

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'This administration has been very coordinated in a couple of areas before that,' former FDIC regulator jason_vtf says. He reacts to concerns of U.S. regulators working to keep crypto assets away from the banking system. Presented by trondao:

Signature Bank is on the market after being shuttered by state regulators on Sunday, but any potential buyer reportedly has to agree to a major caveat: no crypto.

 

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jason_vtf trondao Yeah I am good with keeping them separate. Right now, crypto looks way more of a safe bet the US banks. Last thing we need is those money changers to get their grubby tentacles on it. Hell, since gold is performing weird IMHO cryptos may be one of the few safe-ish places to…

jason_vtf trondao That guy loves $AIMX AimedisGlobal too!

jason_vtf trondao

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Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: ReportThe Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday. cheyenneligon How exactly is that legal? cheyenneligon Wtf 😬 nawwwww cheyenneligon So was the collapse of SVB just a good opportunity for them to pull a fast one like this? Something they planned on doing?
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