Barney Frank News
13.03 / 19:43
31.05 / 17:35
Government
regulation
Signature Bank
Former House Rep blames industry outsiders for associating crypto with bank's failure
Barney Frank, a former member of the United States House of Representatives and board member of Signature Bank, has pointed fingers at certain members of the public in the wake of the bank’s collapse.
05.04 / 21:59
regulation
NYDFS
Signature Bank
'Ludicrous' idea that Signature Bank's collapse was connected to crypto, says NYDFS head
Adrienne Harris, superintendent of the New York Department of Financial Services, or NYDFS, has reportedly said the closure of the crypto-friendly Signature Bank in March had nothing to do with exposure to digital assets.
17.03 / 01:07
regulation
Congress
SVB
Signature Bank
lawmaker
US lawmaker suggests Signature's collapse was tied to instability of crypto
Michael Bennet, a United States Senator representing the state of Colorado, has suggested that banks that associated with crypto firms did not make “prudentially sound” decisions.
16.03 / 01:03
business
Banks
Signature Bank
collapses
Crypto firms may turn to ‘shadow banks’ following major collapses — Molly White
In the wake of three major banks with ties to crypto firms collapsing, software engineer Molly White believes companies now looking at banking options may have to face “shadier” solutions.
15.03 / 20:19
regulation
Congress
Signature Bank
lawmaker
US lawmaker accuses FDIC of using banking instability to attack crypto
Tom Emmer, Majority Whip of the United States House of Representatives, has reiterated concerns that the federal government is “weaponizing” concerns around the banking industry to go after crypto.
15.03 / 11:33
Reuters
SEC
Action
Crypto-friendly Signature Bank probed by U.S. DoJ before its collapse
Signature Bank, the crypto-friendly financial institution that was shut down by the New York Department of Financial Services (NYDFS) on 13 March, was reportedly the subject of a probe by the United States Department of Justice earlier this week.
14.03 / 23:53
business
Banks
NOT
Signature Bank regulator says it was closed for not providing data: Report
The New York Department of Financial Services (NYDFS) shut down Signature Bank for “failing to provide consistent and reliable data” and not because of a bias against crypto, according to a March 14 report from the International Business Times. Signature Bank Board Member Barney Frank had previously accused the regulatory agency of shutting it down merely to “send a very strong anti-crypto message.”
13.03 / 22:43
regulation
Silicon Valley
Signature Bank
US regulators
US regulators shut down Signature Bank despite 'no insolvency': Report
Barney Frank, a former member of the United States House of Representatives, has reportedly suggested New York regulators closed the crypto-friendly Signature Bank as part of a seeming show of force.
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