Pa Daily Hodl - 1 ane de sa - Tan Lekti: 2 minit
$110,000,000,000 Bank Seized by Regulators To Send Anti-Crypto Message, Says Former Congressman Barney Frank
Former Democratic congressman from Massachusetts Barney Frank suspects Signature Bank may have been taken over by regulators to send an “anti-crypto message.”
The New York State Department of Financial Services fèmen Signature on Sunday after customers withdrew $10 billion worth of deposits on Friday.
The state regulator appointed the Federal Deposit Insurance Corporation (FDIC) to run a “bridge bank” holding all of Signature’s assets.
The FDIC plans to market the financial institution to potential bidders and di it will protect all of Signature’s depositors, noting that the bank’s customers all still have access to their money.
Frank, who is also a Signature board member tells CNBC that the bank’s issues were “purely contagion” from the implosion of Silicon Valley Bank last week.
Frank also claims there was “no real objective reason” regulators needed to take over the crypto-friendly financial institution.
"Mwen panse ke yon pati nan sa ki te pase se ke regilatè yo te vle voye yon mesaj anti-kriptografik trè fò. Nou te vin ti gason afich la paske pa te gen okenn fayit ki baze sou fondamantal yo."
Over the weekend, the Federal Reserve and Treasury Department te anonse they would make up to $25 billion available as loans for financial institutions to alleviate liquidity pressures and meet the needs of their depositors.
Don't Miss a Beat - Ban-m pran abònman yo ka resevwa kouryèll alèt imèl lage dirèkteman nan bwat resepsyon outcheke Aksyon Pri
Swiv nou sou Twitter, Facebook ak Telegram
Navige Chak jou Hodl Mix la
Tcheke Tit dènye nouvèl la
Limit responsabilite nou: Opinyon ki eksprime nan chak jou Hodl la se pa konsèy envestisman. Envestisè yo ta dwe fè dilijans yo anvan yo fè nenpòt ki envestisman ki gen gwo risk nan Bitcoin, cryptocurrency oswa byen dijital. Tanpri dwe avize ke transfè ou ak echanj yo se sou pwòp risk ou, ak nenpòt ki pèdi ou ka antrene yo responsablite ou. Hodl chak jou pa rekòmande pou achte oswa vann nenpòt kriptoksèr oswa byen dijital, ni se chak jou Hodl yon konseye envestisman. Tanpri sonje ke Hodl chak jou patisipe nan maketing afilye.
Jenere Imaj: Midjourney
Post a $110,000,000,000 Bank Seized by Regulators To Send Anti-Crypto Message, Says Former Congressman Barney Frank parèt premye sou Chak jou Hodl la.
Sous orijinal: Chak jou Hodl la