Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Report

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Prospective buyers of Signature Bank will reportedly have to agree to drop all crypto business at the bank. cheyenneligon reports

, also suggested the takeover was spurred by an anti-crypto motive, telling CNBC that Signature Bank was solvent – and that regulators intervened anyway to send a message.

“I think part of what happened was that regulators wanted to send a very strong anti-crypto message,” Frank told CNBC. However, the New York Department of Financial Services has denied that crypto had anything to do with its decision to shutter Signature Bank, instead saying that was due to a “crisis of confidence” in the bank’s leadership.The FDIC did not immediately return CoinDesk’s request for comment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

cheyenneligon What country is this again? Land of the communist? Gtfoh with this.

KimIversenShow cheyenneligon That make sense. Enter the only crypto they'll salivate for Central Bank crypto CBDC All others are 'enemies of the state' NWO

cheyenneligon Well done if you voted for Dementia Joe!

cheyenneligon Lol. Wow

cheyenneligon They hate us bcz they ain't us... early adopters

cheyenneligon Crypto Business is an oxymoron.

cheyenneligon cryptonym

cheyenneligon How could this be legal

cheyenneligon This is a surprising move, given the growing interest in crypto. yet, it's important for financial institutions to manage their risks and adhere to regulations. It'll be interesting to see how this decision impacts the bank and its customers in the long run. blockchain finance

cheyenneligon This has already been confirmed as untrue.

cheyenneligon Communist takeover.

cheyenneligon

cheyenneligon Crypto had absolutely nothing to do with the collapse of that Bank.. American Assssssholes are trying to destroy Crypto.. I hate them beyond words. How is Gensler still in charge at the SEC..

cheyenneligon Lary Flin dedo da Black Rock

cheyenneligon FUD 😉

cheyenneligon Simply not right. We have the freedom in America to pursue our own happiness and dreams , this very desire for innovation and freedom has made the U.S the most powerful country in the world I guess we the people will see the gov in the courts.

cheyenneligon Even though it didn’t have anything to do with crypto 😂

cheyenneligon 😂😂😂😂 shameless goats😂😂😂😂

cheyenneligon

cheyenneligon “It’s not about crypto but you have to stop supporting crypto or else” lmao

cheyenneligon This is bullcrap and all apart of the governments plan!

cheyenneligon At least they're making it very clear what their agenda is, so it will be much easier to sue the shit out of them.

cheyenneligon Unconstitutional!

cheyenneligon BANK SOMEWHERE ELSE!!!!

cheyenneligon But hey you can place a sports Bet on any Sport Betting app that you choose. Just do not buy Crypto...This is criminal , Who is gonna stop these renegade regulators...SenTedCruz ...Anyone ? realDonaldTrump

cheyenneligon 🙆🏾‍♂️

'Here's to jumping on the crypto train just a bit too late!' SignatureBank

cheyenneligon Oh come on... 🤦‍♀️ However, the New York Department of Financial Services (NYDFS) has denied that crypto had anything to do with its decision to shutter Signature Bank, instead saying that was due to a “crisis of confidence” in the bank’s leadership.

cheyenneligon mhelal2

cheyenneligon So Barney Frank was correct.

cheyenneligon but 'it wasn't about crypto'

cheyenneligon Crypto will prevail

cheyenneligon

cheyenneligon 'Operation Chokepoint'

cheyenneligon Crazy sounds like the lamest ban ever

cheyenneligon All happening in accordance with SEC's script! 🤡 🌎

cheyenneligon funny

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?

cheyenneligon Zero democracy

cheyenneligon Wtf 😬 nawwwww

cheyenneligon How exactly is that legal?

United States United States Latest News, United States United States Headlines