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CATEGORY: signet

Signature’s crypto clients told to close their accounts by April 5: Report
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 29, 2023 05:50

Signature’s crypto clients told to close their accounts by April 5: Report

Signature Bank’s cryptocurrency clients have been reportedly given until April 5 to take their funds out and find another bank, or have their accounts closed by the federal regulator. According to reports, a United States Federal Deposit Insurance Corporation (FDIC) spokesperson said on March 28 that the agency was “reaching out to depositors from Signature [...]

The post Signature’s crypto clients told to close their accounts by April 5: Report appeared first on Crypto Breaking News.

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USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 13, 2023 05:50

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank. [...]

The post USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement appeared first on Crypto Breaking News.

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