Signature Bank Gets Shuttered By Regulators After SVB Collapse – A Major Blow To Crypto?

Signature Bank Gets Shuttered By Regulators After SVB Collapse – A Major Blow To Crypto?


Bitcoinist
2023-03-13 09:00:11

In an effort to avoid the spread of the banking meltdown, authorities have announced the closure of another crypto-friendly bank – New York-based Signature Bank – dealing a severe blow to the crypto industry. State regulators pulled the plug on Signature Bank on Sunday, March 12 – the third largest failure in U.S. banking history – two days