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Signature Bank’s Crypto Depositors Get April 5 Account Closure Deadline

https://www.financemagnates.com//cryptocurrency/signature-banks-crypto-depositors-get-april-5-account-closure-deadline/

The Federal Deposit Insurance Corporation (FDIC) has asked cryptocurrency clients of collapsed Signature Bank to close their accounts by April 5 by finding https://www.financemagnates.com/cryptocurrency/bank-failures-leave-us-crypto-businesses-in-the-cold/” target=”_blank” rel=”follow noopener”>another banking partner. Otherwise, the regulator will close the accounts and mail a check to the registered addresses.

Signature Bank’s Crypto Clients Get a Deadline

The FIDC’s decision on Tuesday came following the acquisition of Signature Bank’s deposits and loans by Flagstar Bank…

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