Signature Bank plans to reduce its crypto-tied deposits by $8B-$10B to under 15%; as of September 2022, ~23.5% of the bank's $103B deposits came from crypto (Helene Braun/CoinDesk)

Helene Braun / CoinDesk:Signature Bank plans to reduce its crypto-tied deposits by $8B-$10B to under 15%; as of September 2022, ~23.5% of the bank's $103B deposits came from crypto  —  Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses.

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Dec 7, 2022 - 08:00
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Signature Bank plans to reduce its crypto-tied deposits by $8B-$10B to under 15%; as of September 2022, ~23.5% of the bank's $103B deposits came from crypto (Helene Braun/CoinDesk)

Helene Braun / CoinDesk:
Signature Bank plans to reduce its crypto-tied deposits by $8B-$10B to under 15%; as of September 2022, ~23.5% of the bank's $103B deposits came from crypto  —  Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses.

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