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The Daily Hodl
2023-03-17 16:55:32

US Regulator Will Require Any Buyer of Failed Signature Bank To Scrap the Company’s Crypto Business: Report

US Regulator Will Require Any Buyer of Failed Signature Bank To Scrap the Company’s Crypto Business: Report

Regulators at the Federal Deposit Insurance Corporation (FDIC) are reportedly imposing a notable requirement for all interested buyers of failed lender Signature Bank. Reuters reports that all banks interested in acquiring Signature Bank will have to agree to give up all of the company’s businesses that are related to crypto. “Any buyer of Signature must The post US Regulator Will Require Any Buyer of Failed Signature Bank To Scrap the Company’s Crypto Business: Report appeared first on The Daily Hodl .

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