Breaking: Signature Bank closed by New York regulators, citing 'systemic risk'

By Cointelegraph - 1 year ago - Reading Time: 1 minutes

Breaking: Signature Bank closed by New York regulators, citing 'systemic risk'

The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement.

Original source: Cointelegraph