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Even Barney Frank Thinks Signature Was Shut Down to Send an Anti-Crypto Message
Published 3 years, 1 month ago
Description
On Sunday, as government authorities announced that Silicon Valley Bank depositors would be protected, they added that the New York Department of Financial Services would be shuttering Signature Bank. Little explanation was given but some, including Signature board member and bank regulation architect Barney Frank, think it was a calculated move to send an anti-crypto message.
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