Coinbase pauses support for Signature Bank’s Signet: Report By Cointelegraph

More than a week after New York regulators closed the crypto-friendly Signature Bank (NASDAQ:), Coinbase (NASDAQ:) has reportedly stopped support for the institution’s Signet payment platform.

According to a March 20 report from The Wall Street Journal, Coinbase users won’t be able to use Signet to send funds outside of banking hours until further notice. The crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature.