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Bitstamp to continue operations despite Signature Bank’s closure

Reportedly, state regulators shut down Signature Bank on Sunday

Going by Bitstamp’s official website, it’s based in Luxembourg
Going by Bitstamp’s official website, it’s based in Luxembourg

Crypto exchange Bitstamp said on Sunday it would continue to operate normally despite the closure of Signature Bank.

State regulators closed New York-based Signature Bank earlier on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered Silicon Valley Bank in a collapse that stranded billions in deposits. 

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First published on: 13-03-2023 at 12:31 IST