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Signature Bank Closure Deals Another Blow to Crypto Industry
linkweb3
2023-03-13
2348
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Summary：(Bloomberg) -- The closure of Signature Bank, a lender that counted a number of crypto companies as customers even as it recently signaled a pullback from the industry, marks another major setback for digital assets.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergency Measures to Backstop Banks After SVBFDIC Races to Return Some Uninsu
(Bloomberg) -- The closure of Signature Bank, a lender that counted a number of crypto companies as customers even as it recently signaled a pullback from the industry, marks another major setback for digital assets.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergency Measures to Backstop Banks After SVBFDIC Races to Return Some Uninsu
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