FDIC

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Signature Bank Noncrypto-Related Deposits to Be Assumed by New York Community Bancorp Unit: FDIC
The 40 former branches of Signature Bank will operate under New York Community Bancorp's Flagstar Bank, N.A., from Monday. The FDIC will provide digital-banking business depos...
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SVB Implosion Tanked NFT Trading Volumes, DappRadar Report Suggests
SVB Implosion Tanked NFT Trading Volumes, DappRadar Report Suggests
The day after the Federal Deposit Insurance Corp. took control of Silicon Valley Bank, there were only 12,000 active NFT traders, according to DappRadar. That's a number not s...
SVB Implosion Tanked NFT Trading Volumes, DappRadar Report Suggests

Former NYDFS Superintendent Reacts to Signature Bank Shutdown
Former NYDFS Superintendent Reacts to Signature Bank Shutdown
Reuters reports that the Federal Deposit Insurance Corporation (FDIC) wants bids submitted by today for banks interested in buying the assets of Signature Bank. Former New Yor...
Former NYDFS Superintendent Reacts to Signature Bank Shutdown

FDIC Denies Report Signature Bank Purchaser Must Give up Crypto Business
FDIC Denies Report Signature Bank Purchaser Must Give up Crypto Business
The Federal Deposit Insurance Corporation (FDIC) denied it would require any purchaser of Signature Bank to divest its crypto activities, responding to Reuters reporting Wedne...
FDIC Denies Report Signature Bank Purchaser Must Give up Crypto Business

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FDIC Denies Report Signature Bank Purchaser Must Divest Crypto
Reuters reported the FDIC wanted Signature’s buyers to “give up” the bank's crypto activities.
(George Rose/Getty Images)

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U.S. Banking Collapse Doesn't Necessarily Make Crypto Trustworthy
The fall of Silicon Valley Bank had a convenient deus ex machina to fix collateral damage. Crypto cannot expect the same, Wilson Sonsini Goodrich & Rosati partners Jess Cheng...
(Thierry Chesnot/Getty Images)

Osprey Funds CEO on Bitcoin Outlook Amid Banking Sector Concerns
Osprey Funds CEO on Bitcoin Outlook Amid Banking Sector Concerns
Osprey Funds founder and CEO Greg King reacts to a new report that states the amount of bitcoin (BTC) held in funds could be dropping and weighs in on whether the largest cryp...
Osprey Funds CEO on Bitcoin Outlook Amid Banking Sector Concerns

Former FDIC CIO on Liquidity Concerns, Banking Jitters
Former FDIC CIO on Liquidity Concerns, Banking Jitters
Sultan Meghji, former FDIC Chief Innovation Officer and current Duke University Professor and Scholar at the Carnegie Endowment for International Peace, joins "All About Bitco...
Former FDIC CIO on Liquidity Concerns, Banking Jitters

FDIC Reportedly Asking Banks to Submit Bids for SVB, Signature by Friday
FDIC Reportedly Asking Banks to Submit Bids for SVB, Signature by Friday
Reuters reports the FDIC is asking banks interested in buying Silicon Valley Bank and Signature Bank to submit their bids by Friday. This comes as liquidity is on everyone’s m...
FDIC Reportedly Asking Banks to Submit Bids for SVB, Signature by Friday