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Silicon Valley Bank shut down by California regulator

The FDIC stated that as the receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB).

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Silicon Valley Bank shut down by California regulator

The FDIC stated that as the receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB).

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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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