Binance Says Signature Bank Will Not Support Transactions For Crypto Exchange Clients Under $100,000

Nearly a quarter of the New York-based bank’s $103 billion in total deposits, or about 23.5%, came from the crypto industry in September 2022. But given recent “problems” in the space, Signature will reduce that amount to less than 20% and potentially less than 15% eventually, Signature CEO DePaolo said at a conference in New York hosted by investment bank Goldman Sachs.

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