The Federal Deposit Insurance Corporation denied it would require any purchaser of Signature Bank to divest its crypto activities. The FDIC responded to a Wednesday Reuters report which said “any buyer of Signature must agree to give up all the crypto business at the bank,” citing two unnamed sources. An FDIC spokesperson denied this to Reuters. An FDIC spokesperson said in an email that “the receivership does not end until all the bank’s assets are sold and all the claims against the bank are addressed, and the acquirer decides the conditions of their bid.” The acquirer will tell the FDIC “what assets and ... (full story)