The U.S. Federal Deposit Insurance Corporation (FDIC) has found a buyer for the failed, crypto-friendly financial institution Signature Bank. According to a new press release from the regulator, the FDIC has entered into a “purchase and assumption agreement” with Flagstar Bank, a subsidiary of New York Community Bancorp. The document states that the deal is […]

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Continue reading FDIC Set To Sell Crypto-Friendly Bank in $38,400,000,000 Deal, but Excludes Digital Asset Banking Branch From Transaction

The post FDIC Set To Sell Crypto-Friendly Bank in $38,400,000,000 Deal, but Excludes Digital Asset Banking Branch From Transaction appeared first on The Daily Hodl.
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