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U.S. FDIC tells Signature Bank's crypto clients to close accounts by April 5 - F...
source link: https://fintechranking.com/2023/03/29/u-s-fdic-tells-signature-banks-crypto-clients-to-close-accounts-by-april-5/
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U.S. FDIC tells Signature Bank’s crypto clients to close accounts by April 5
The U.S. Federal Deposit Insurance Corp (FDIC) has informed collapsed lender Signature Bank’s crypto clients that they have until April 5 to close their accounts and move their money.
The deposits in question were not part of a rescue deal arranged with Flagstar Bank, a unit of New York Community Bancorp, earlier this month.
Read more: Reuters
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