US FDIC requires Signature Bank crypto customers to close accounts and transfer funds by April 5

According to ChainCatcher, the U.S. Federal Deposit Insurance Corporation (FDIC) has notified cryptocurrency customers of the bankrupt Signature Bank that they must close their accounts and transfer funds before April 5.

It is reported that Flagstar reached an agreement with US regulators on March 19, and Flagstar Bank will assume almost all of Signature Bank's deposits and part of its loan portfolio. (Source link)