FDIC Chair Grilled Over Crypto-friendly Bank Takeovers

Upworthy

30 Mar 2023 0 shares 1 views

FDIC Chair Grilled Over Crypto-friendly Bank Takeovers

FDIC Chair Grilled Over Crypto-friendly Bank Takeovers

Upworthy

Published 30 Mar 2023

Around $4 billion in deposits tied to Signature Bank’s crypto business are set to be returned next week amid growing scrutiny around the Federal Deposit Insurance Corporation (FDIC). During a Financial Services hearing on Wednesday, FDIC chairman Martin Gruenberg fielded questions over his…

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