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Bookmarking Crypto InsightsMon, 13 Mar 2023 22:30:28 +0000en-US
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1 https://wordpress.org/?v=6.9.4https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.pngNew York regulators – DIGIT INFO
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3232Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure
https://www.digit.info/bank-board-member-and-dodd-frank-co-sponsor-barney-frank-suspects-anti-crypto-message-behind-signature-bank-failure/
Mon, 13 Mar 2023 22:30:28 +0000https://www.digit.info/2023/03/13/bank-board-member-and-dodd-frank-co-sponsor-barney-frank-suspects-anti-crypto-message-behind-signature-bank-failure/Read more]]>Barney Frank, a former member of the U.S. House of Representatives from Massachusetts and leading co-sponsor of the 2010 Dodd-Frank Act, discussed his opinion on the recent failure of Signature Bank. In an interview, Frank stated that he believes regulators aimed to “send a very strong anti-crypto message.” Frank, who also serves as a Signature […]
]]>FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds
https://www.digit.info/fdic-creates-bridge-banks-for-failed-silicon-valley-bank-and-signature-bank-clients-to-access-funds/
Mon, 13 Mar 2023 14:30:15 +0000https://www.digit.info/2023/03/13/fdic-creates-bridge-banks-for-failed-silicon-valley-bank-and-signature-bank-clients-to-access-funds/Read more]]>The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can access their funds during normal banking hours on Monday, March 13, 2023. The FDIC stated that both banks’ deposits were made whole under the “systemic risk exception” approved by the U.S. Federal Reserve and […]