Signature’s crypto clients told to close their accounts by April 5: Report By Cointelegraph

Signature Bank’s cryptocurrency clients have been reportedly given until April 5 to take their funds out and find another bank, or have their accounts closed by the federal regulator.

According to Bloomberg, a United States Federal Deposit Insurance Corporation spokesperson said on March 28 that the agency was reaching out to depositors from Signature whose deposits were not included in NYCB’s bid, confirming that these deposits belonged to digital asset clients.