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  • 24h Vol: $54,570,981,800.68
  • BTC Dominance: 56.58%

Dodd-Frank Act

new-york-regulator-calls-crypto-theories-associated-with-signature-bank-closure-‘ludicrous’

New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’

Leave a Comment / Adrienne A. Harris, Barney Frank, Bitcoin, Choke Point 2.0, Crypto Hacked, Cryptocurrency, Dodd-Frank Act, Ethereum, New York Department of Financial Services, Regulation, Signature Bank closure, Signature Bank crypto, Uninsured Deposits / / / , , , , , , , ,

Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the closure of Signature Bank was related to its crypto business. Harris insisted that the bank’s “high percentage of uninsured deposits” and insufficient liquidity were some of the reasons why it was closed. Signature Bank’s Liquidity […]

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bank-board-member-and-dodd-frank-co-sponsor-barney-frank-suspects-‘anti-crypto’-message-behind-signature-bank-failure

Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure

Leave a Comment / anti-crypto, Bank Failure, banking reform, banking regulations, Barney Frank, Bitcoin, board member, CitiGroup, cnbc, contagion, Crypto Hacked, Cryptocurrency, Department of Financial Services, deposit run, depositors, DFS, Dodd-Frank Act, Ethereum, FDIC, Federal Deposit Insurance Corporation, Financial Crisis, financial industry, Financial Institutions, Financial News, financial regulatory system, financial stability, Insolvency, jpmorgan, liquidity problems, market observers, Massachusetts, New York regulators, News, policy framework, Regulatory Compliance, senior staff, Signature Bank, Silicon Valley Bank, Silvergate Bank, U.S. banking, U.S. House of Representatives / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Barney Frank, a former member of the U.S. House of Representatives from Massachusetts and leading co-sponsor of the 2010 Dodd-Frank Act, discussed his opinion on the recent failure of Signature Bank. In an interview, Frank stated that he believes regulators aimed to “send a very strong anti-crypto message.” Frank, who also serves as a Signature

Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure Read More »