Signature Bank News

The Treasury Department’s undersecretary for domestic finance, Nellie Liang, said at the same hearing she didn’t believe crypto “played a direct role” in the failure of the banks.

Stablecoins are seen as a potential solution to crypto’s banking problem, but some of them are currently not immune to banking issues.

Any crypto deposits not transferred to another bank by April 5 will be liquidated and a check mailed to the client's address.

Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes.

While the existence of “Operation Choke Point 2.0” has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side effects of such a policy.

The U.S. Treasury Secretary Janet Yellen said the federal government would intervene if necessary to protect other small lenders.

The U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature.

A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down.

According to the House Financial Services Committee, it expects to hold multiple hearings on “getting to the bottom” of the banks’ failures.

Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in.

Cointelegraph breaks down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explains what this all could mean for crypto.

The latest episode of Decentralize with Cointelegraph unpacks whether U.S. regulators are targeting the crypto ecosystem through the closure of SVB and Signature Bank.

Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries.

Breaking news and insightful views: Decentralize with Cointelegraph drops a new style of podcast curated for you by the Cointelegraph news team.

An FDIC spokesperson has denied suggestions that any potential buyer of Signature Bank must agree to give up all cryptocurrency business as part of the sale.