Tags: Signature Bank

Crypto Industry Turns to Customers Bank as Preferred Partner Amidst Collapse of Silvergate, Signature

As Traditional Banks Step Back, New Players Fill Gap in Crypto Banking

‘Large Amounts of Money’ Flowed in Binance Related Accounts: SEC Accountant Says

According to Barney Frank, Signature Bank’s only issue prior to regulators seizing control in March was “crypto-fear-inaccurate withdrawals."

Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse.

US Sen. Cynthia Lummis Criticizes Signature Bank Executive for Blaming Crypto for Its Downfall

Former Signature Bank Chairman Said the Bank Cut Back on Digital Asset Deposits in Wake of Volatility

Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management.

FDIC Chair Martin Gruenberg (Alex Wong/Getty Images)

Bitcoin has reached $29,000 again after a five-day losing streak.

Plaintiffs seeking damages from Silvergate’s collapse have joined forces with their respective lawsuits.

The account services for crypto firms come at a time when U.S.-based firms are struggling to find local banking partners and are frequently looking abroad.

Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points.

New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto Activities – Bullish for the Industry?

The superintendent of the New York Department of Financial Services reportedly dismissed claims the U.S. government was working to implement ‘Operation Choke Point 2.0’.