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?
Source: CoinDesk - 🏆 291. / 63 Read more »
FDIC taps investment bank to lead Silicon Valley Bank saleThe FDIC has brought in the investment bank Piper Sandler to auction off Silicon Valley Bank, kicking off a high stakes sales process, according to two market sources who were granted anonymity to discuss the sale. No difference between this debacle in the making and the last one in 1990’s — it was junk bonds then and no regulations and it’s crypto - NFT’s and no regulations this time (also a ton of stupidity and corruption back then and will probably be true this time as well).
Source: politico - 🏆 381. / 59 Read more »