According to the FDIC, thirty-two branches of Republic First Bank across the United States will restart their operations under Fulton Bank starting next week.
The regulators in the United States have closed Republic First Bank, based in Philadelphia, marking the first banking failure of 2024. This failure has sparked debate within the crypto community about promoting Bitcoin, Ether, and other altcoins, which have been severely affected by the news.
CEO of Zesh Marius Martocsan shared an X post on April 26, stating, “Another bank just collapsed, the Republic First Bank. Yeah… I think I’ll stick to Bitcoin.”
On April 26, another X (formerly Twitter) user and a crypto commentator, Randi Hipper, asked her 87,100 X followers how many more banks will fail before people start being their bank.
FDIC Seizes Operations Of Republic First Bank
On April 26, Federal Deposit Insurance was appointed receiver after the Pennsylvania Department of Banking and Securities seized its
We współpracy z: https://www.thecoinrepublic.com/2024/04/27/us-regulators-seize-republic-first-bank-top-cryptos-impacted/
