It is reported that The United States Federal Deposit Insurance Corporation (FDIC) has asked people to buy Signature Bank, a failed US bank. Must not support any crypto service
The FDIC has asked banks interested in acquisitions, such as Silicon Valley Bank (SVB) and Signature Bank, to submit bids by March 17. Reuters report
Additionally, the FDIC requires Signature purchasers to agree to cease doing business. cryptocurrency all at the bank
Signature, based in New York It is the main Crypto-friendly bank in the United States. The bank is known for its many partnerships in the crypto industry, including Coinbase, Paxos Trust, BitGo, and Celsius.
refer : LINK
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