Tag: Signature
Vladimir Putin’s Signature Brings Digital Ruble Into Russia’s Tax Code
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Horizon research deal with EU awaits Sunak's signature
BBC News understands a deal has been negotiated over UK association with the Horizon programme.
www.bbc.co.uk [...]
Signature Bank failed to understand risks associated with crypto: FDIC chair
Investigations around the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit Insuranc [...]
GAO cites exposure to digital assets in exploring collapse of Signature Bank
The United States Government Accountability Office, or GAO, has released its preliminary review of the failures of Silicon Valley Bank and Signature B [...]
FDIC pins Signature Bank’s failure on poor governance and illiquidity
The United States Federal Deposit Insurance Corp’s (FDIC) post-mortem assessment of Signature Bank of New York (SBNY) revealed poor management and ina [...]
FDIC Cites Poor Management, Contagion Risk as Key Contributors to Signature Bank Failure
The Federal Deposit Insurance Corporation (FDIC) published a 63-page report outlining issues Signature faced, attributing its failure to “poor managem [...]
Former Signature Bank Crypto Payments Chief, 4 of His Team Join Fortress Trust
Seibert, who is now managing director of the Fortress digital assets business, is working with part of the Signature Bank risk and compliance team and [...]
‘Ludicrous’ idea that Signature Bank’s collapse was connected to crypto, says NYDFS head
Adrienne Harris, superintendent of the New York Department of Financial Services, or NYDFS, has reportedly said the closure of the crypto-friendly Sig [...]
Tether ‘unequivocally reiterates’ no exposure to Signature Bank
After a Bloomberg article alleged exposure between stablecoin provider Tether and the now-collapsed Signature Bank, rumors began to circulate regardin [...]
Stablecoin issuer Tether accessed US banking system using Signature: Report
Tether, the firm behind the largest stablecoin by market capitalization, reportedly allowed its clients to send funds through Signature Bank’s payment [...]
Stablecoin Issuer Tether Was Client of Signature Bank to Serve U.S. Customers: Bloomberg
Tether CTO Paolo Ardoino, in response to the article, said the company has no exposure to Signature Bank.
www.coindesk.com [...]
FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg
Martin Gruenberg, chair of the United States Federal Deposit Insurance Corporation, has said the FDIC plans to return roughly $4 billion in deposits c [...]
FDIC Gives Deadline Next Week for Crypto Depositors Stranded by Signature Failure
The FDIC has been reaching out to customers connected to the money, encouraging them to find another bank to transfer the funds to. If they can’t, the [...]
Looking at Some Unanswered Signature and Silvergate Bank Questions
I think it’s safe to assume people want certainty. Companies want to know they'll be able to tap banking services. For that to happen, banks need to b [...]
Coinbase No Longer Supporting Signature Bank’s Signet Network: WSJ
The fate of Signet has been unclear since Signature Bank was shut down by New York State regulators last weekend.
www.coindesk.com [...]