U.S. FDIC Says Potential Buyers Must Agree to Discontinue Signature Bank’s Cryptocurrency Business
The Federal Deposit Insurance Company (FDIC) of the United States has stated that any investor who wishes to purchase Signature Bank must agree to discontinue all the bank’s cryptocurrency-related activities. Signature Bank, headquartered in New York, and California-based Silicon Valley Bank (SVB) were known for their favourable stances towards cryptocurrencies ...
