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GAO reports reveals that Signature Bank had $12 billion exposure to the crypto industry
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No solid evidence or parameters that suggest crypto was the reason for Signature Bank’s failure
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Various lawmakers and regulators are trying to blame crypto for Silicon Valley Bank, Silvergate Bank, and Signature Bank’s failure.
U.S. officials have once more pointed out a negative catalyst for Crypto. The United States Government Accountability Office, or GAO, in its preliminary review of Signature Bank and Silicon Valley Bank, has revealed that the deposits of both banks included exposure to the Crypto Industry.
Did the Banks fall
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We współpracy z: https://www.thecoinrepublic.com/2023/05/12/signature-banks-12-billion-exposure-to-crypto-industry/
