Your Resource for Government on Crypto
03.29.2023
FDIC Seeks to Sell Signet, Close Signature Crypto Accounts
The Federal Deposit Insurance Corp. is seeking to sell Signet, the payments network for crypto companies operated by the now-failed Signature Bank. A spokesperson for the regulator confirmed the plan after the FDIC asked crypto depositors at Signature to close their accounts and move their money by April 5.