signature was one of the first banks to embrace digital currency. The bank recorded crypto clients deposits as non-interest bearing. That's what they showed up as unbalanced sheets, which means that they're basically free money. It doesn't have to pay those folks interest on their deposits.
Let's talk about last week. The Real Deal’s Deconstruct explains the catalysts behind the collapse of Silicon Valley Bank and Signature Bank last week and the lasting impact on regional banks, real estate lending and the Fed’s next steps.
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