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Signature Bank plans to reduce its crypto-tied deposits by $8B-$10B to under 15%; as of September 2022, ~23.5% of the bank's $103B deposits came from crypto (Helene Braun/CoinDesk)

Photo of Grace Will Grace Will December 7, 2022
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Signature Bank plans to reduce its crypto-tied deposits by $8B-$10B to under 15%; as of September 2022, ~23.5% of the bank's $103B deposits came from crypto (Helene Braun/CoinDesk)
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Helene Braun / CoinDesk:

Signature Bank plans to reduce its crypto-tied deposits by $8B-$10B to under 15%; as of September 2022, ~23.5% of the bank’s $103B deposits came from crypto  —  Nearly a quarter of the Wall Street bank’s current deposits come from crypto-related businesses.



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