The banking regulators said depositors at Signature Bank will have full access to their deposits. "All depositors of this institution will be made whole.
The banking regulators said depositors at Signature Bank will have full access to their deposits.
"All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer," the regulators said. Signature is one of the main banks to the cryptocurrency industry. As of Dec. 31, Signature had $110.4 billion in total assets and $88.6 billion in total deposits, according to a securities filing.
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