Signature's Seized Assets Sold Without Crypto — Here's Why It Matters

Days after the FDIC announced — and then denied — that it was requiring buyers of the assets of the shuttered institution leave crypto-related assets behind, that's what happened.

• 2023-03-21
• Signature Bank FDIC New York Community Bancorp Apple Podcasts Barney Frank Silvergate Bank

FDIC Demands Any Buyer of Signature Bank Give Up on Crypto: Reuters

The FDIC has reportedly stated that interested buyers in the now-defunct Signature Bank must also give up their ties to crypto.

• 2023-03-16
• Signature Bank Silicon Valley Bank Federal Deposit Insurance Corporation FDIC Barney Frank

Signature Bank Seizure 'Nothing To Do With Crypto,' New York Says

Signature also faced a probe by federal prosecutors, Securities and Exchange Commission, into its anti-money-laundering controls.

• 2023-03-15
• Signature Bank Barney Frank Federal Deposit Insurance Corporation Silvergate Bank Apple Podcasts bank regulation New York Silicon Valley Bank NYDFS bank failure

Signature Bank was seized to send banks a message to avoid crypto, director claims

A regulatory takeover of a New York-based bank was intended to send a message to U.S. banks to stay away from the cryptocurrency business, a former member of Congress who was on the bank’s board says.

• 2023-03-14
• Signature Bank Silicon Valley Bank Barney Frank FDIC Signature Bridge Kathy Hochul

Signature Bank Was Shut Down to Send 'Anti-Crypto' Message: Barney Frank

Barney claims the move was, in part, motivated by regulators' desire to target the digital asset market.

• 2023-03-14
• Signature Bank Barney Frank Silicon Valley Bank Dodd-Frank Act