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.
Signature Bank News
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- Interview
Stablecoins are seen as a potential solution to crypto’s banking problem, but some of them are currently not immune to banking issues.
2719 - News
Any crypto deposits not transferred to another bank by April 5 will be liquidated and a check mailed to the client's address.
3781 - Event
Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes.
2350 - News
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.
9231 - News
The U.S. Treasury Secretary Janet Yellen said the federal government would intervene if necessary to protect other small lenders.
6174 - News
The U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature.
4540 - Newsletter
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.
2407 - News
According to the House Financial Services Committee, it expects to hold multiple hearings on “getting to the bottom” of the banks’ failures.
2509 - News
Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in.
6457 - Video
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.
6607 - Podcast
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.
13179 - News
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.
6385 - Podcast
Breaking news and insightful views: Decentralize with Cointelegraph drops a new style of podcast curated for you by the Cointelegraph news team.
3364 - News
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.
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