Coinbase Confirms $240 Million Corporate Cash Balance with Signature Bank Amid Lender Closure

Publikováno: 13.3.2023

#Altcoin News #Coinbase #Signature Bank #Investing #Regulation #Federal Reserve #FDIC #USA #USDC

Major crypto exchange Coinbase stated that it has millions in corporate cash balance with the shuttered Signature Bank.
According to a March 13 Twitter thread, as of the close of business on Friday, March 10, Coinbase had "an approximately $240m balance in corporate cash" at Signature.
The company, however, tweeted that,
"As stated by the FDIC, we expect to fully recover these funds."...
Read More: Coinbase Confirms $240 Million Corporate Cash Balance with Signature Bank Amid Lender Closure