Breaking: Signature Bank closed by New York banking authorities
The New York-based bank, which is also known to serve a number of crypto firms, has been shut down by regulators. state, according to a Federal Reserve announcement.
![Breaking: Signature Bank closed by new bank -york authorities](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/2283d4d4-ebc8-4d52-a344-9f95f9a8a60c.jpg)
![Breaking: Signature Bank closed by New York banking authorities](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvMjI4M2Q0ZDQtZWJjOC00ZDUyLWEzNDQtOWY5NWY5YThhNjBjLmpwZw==.jpg?#)
The New York-based bank, which is also known to serve a number of crypto firms, has been shut down by regulators. state, according to a Federal Reserve announcement.
![Breaking: Signature Bank closed by new bank -york authorities](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/2283d4d4-ebc8-4d52-a344-9f95f9a8a60c.jpg)
What's Your Reaction?
![like](https://vidianews.com/assets/img/reactions/like.png)
![dislike](https://vidianews.com/assets/img/reactions/dislike.png)
![love](https://vidianews.com/assets/img/reactions/love.png)
![funny](https://vidianews.com/assets/img/reactions/funny.png)
![angry](https://vidianews.com/assets/img/reactions/angry.png)
![sad](https://vidianews.com/assets/img/reactions/sad.png)
![wow](https://vidianews.com/assets/img/reactions/wow.png)