“Signature Bank is a New York state-chartered commercial bank and is FDIC-insured, with total assets of approximately $110.36 billion and total deposits of approximately $88.59 billion as of December 31, 2022,” the statement said. “DFS is close contact with all regulated entities in light of market events, monitoring market trends, and collaborating closely with other state and federal regulators to protect consumers, ensure the health of the entities we regulate, and preserve the stability of the global financial system.”
Trending
Getting Started on Crypto – 24/7 Crypto News
Why crypto?
Cryptocurrencies are becoming increasingly popular due to the transparency, security, and speed that they offer. Transactions made using cryptocurrencies are secured and...