Regulators reportedly want to prohibit new owners of failed U.S. banks from offering crypto services.
The United States Federal Deposit Insurance Corporation has reportedly asked potential rescuers of some failed U.S. banks not to support any crypto services.
The FDIC regulators have asked banks interested in acquiring failed U.S. lenders like Silicon Valley Bank and Signature Bank to submit bids by March 17, ReutersThe authority will only accept bids from banks with an existing bank charter, prioritizing traditional lenders over private equity firms, the report notes, citing two sources familiar with the matter.
The FDIC has also required any buyer of Signature to agree to give up all cryptocurrency business at the bank.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Taylor: What happened — and didn’t (hint: no B-word) — and what you should know about bank meltdownsThe FDIC guaranteeing deposits for Silicon Valley Bank and Signature Bank isn’t a bailout; it’s the U.S. honoring a guarantee. Bank shareholders are being wiped out.
Consulte Mais informação »
FDIC’s Silicon Valley Bank will likely be sold to another bank: ReportThe U.S. government will likely sell Silicon Valley Bank to another regulated bank, not a private equity firm, according to a report Wednesday by...
Consulte Mais informação »
Signature Bank regulator says it was closed for not providing data: ReportNew York Banking Law 606 allows regulators to take control of a bank if it fails “to submit its records and affairs for inspection.”
Consulte Mais informação »
Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: ReportThe Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday.
Consulte Mais informação »
Signature Bank investigated for money laundering prior to demise: ReportBefore its collapse, crypto-friendly Signature Bank was under scrutiny by the Justice Department and the Securities and Exchange Commission which were reportedly conducting money-laundering related investigations.
Consulte Mais informação »
Signature Bank Faced Criminal Investigation Before Spectacular Collapse: ReportBefore its collapse over the weekend, Signature Bank was reportedly being investigated by U.S. prosecutors over its work with crypto clients.
Consulte Mais informação »