US Sen. Cynthia Lummis Criticizes Signature Bank Executive for Blaming Crypto for Its Downfall
Sen. Cynthia Lummis said she found it disappointing that a former crypto-friendly Signature Bank executive is not taking the blame for the failed bank, while criticizing his wordiness about crypto. The Wyoming Republican...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Wyoming Republican, who has advocated for crypto, questioned Signature Bank’s former Chairman Scott Shay and former President Eric Howell on Tuesday at a Senate Banking Committee hearing. ...
Read More: US Sen. Cynthia Lummis Criticizes Signature Bank Executive for Blaming Crypto for Its Downfall
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Ex-Signature Bank chair launches blockchain-powered instant overseas payments service
N3XT's blockchain-based service could reshape global finance by offering regulated, instant cross-border payments, challenging tra...
Compound Foundation Names Coinbase And Anchorage Alumni To Run $52 Million Institutional Push
Compound Foundation named four executives recruited from Coinbase Custody, Anchorage Digital, the NEAR Foundation and Maple Financ...
Trump-linked World Liberty Financial wins OCC bank approval as $112 million DeFi position sits near liquidation
The Office of the Comptroller of the Currency (OCC) gave World Liberty Financial, a DeFi venture associated with President Donald...
Ripple Lands 3rd Korea Deal, Jeonbuk Bank Brings 24/7 Crypto Payments to Firms
Key Takeaways: Jeonbuk Bank is the first regional bank in Korea to use Ripple Payments. The service allows cross-border settlement...
OpenSea founder pivoted to AI — and won
OpenSea, once one of the most prominent companies in the cryptocurrency industry, has slowly been bleeding users and relevancy ove...
XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 cross-border payment service for business remittances, but it is unknown whether the flows wil...