List of Flash News about SBNY
Time | Details |
---|---|
2025-08-01 21:07 |
Political Debanking and the Shutdown of SI and SBNY: Analysis for Crypto Traders
According to @nic__carter, while various members of Congress and the current administration have acknowledged the occurrence of politically-motivated debanking, no official has directly stated that Silvergate Bank (SI) and Signature Bank (SBNY) were deliberately targeted and shut down by the government. Carter explicitly agrees with this interpretation. For traders, this underscores the ongoing regulatory and political risks facing crypto-friendly banks, which can impact the liquidity and accessibility of crypto markets (source: @nic__carter). |
2025-02-28 01:54 |
FDIC's Intervention in SVB and SBNY: Trading Implications
According to Nic Carter (@nic__carter), the FDIC's decision to make depositors whole during the regional banking crisis, involving crypto banks SVB and SBNY, was not favoritism but a necessary action to prevent a bank run. This intervention is crucial for traders to understand as it highlights the systemic importance of SVB to the US tech industry, which in turn affects trading strategies related to tech and crypto sectors. Carter emphasizes that the FDIC's actions were essential to maintain stability in the financial markets, particularly for cryptocurrencies tied to these banks. |