FDIC Gives Deadline Next Week for Crypto Depositors Stranded by Signature Failure

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The Federal Deposit Insurance Corp. (FDIC) is trying to hurry the stranded crypto customers out the door of the temporary entity that holds the assets of the former Signature Bank, asking them to cash out by next week – whether they have a new bank or not.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Policy, #News, #Regulations, #FDIC, #SignatureBank, #Signet

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