Binance says Signature Bank will not support transactions for crypto exchange customers for less than $100K


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

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