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US lawmaker suggests Signature’s collapse was tied to instability of crypto

Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US lawmaker suggests Signature’s collapse was tied to instability of crypto

Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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