• The FDIC has asked potential rescuers of failed U.S. banks not to support any crypto services.
• Banks interested in acquiring failed U.S. lenders like Silicon Valley Bank and Signature Bank must submit bids by March 17.
• The FDIC will only accept bids from banks with an existing bank charter, prioritizing traditional lenders over private equity firms.
• The FDIC has required any buyer of Signature to agree to give up all cryptocurrency business at the bank.
• New York-based Signature is a major crypto-friendly bank in the United States, known for many partnerships in the crypto industry.
• U.S. Representative Tom Emmer expressed concerns that the federal government is “weaponizing” issues around the banking industry to go after crypto.
• The New York State Department of Financial Services officially closed down and took over Signature on March 12, appointing the FDIC as the receiver.
• According to Barney Frank, a former member of the U.S. House of Representatives, New York regulators closed Signature Bank despite no insolvency.
• Signature CEO Joseph DePaolo and chief financial officer Stephen Wyremski allegedly committed fraud by falsely claiming the bank was “financially strong” just three days before it was shut down.

The article has a negative sentiment as it reports on the FDIC's request for potential rescuers of failed U.S. banks not to support any crypto services, and the requirement for any buyer of Signature Bank to give up all cryptocurrency business at the bank. The article also mentions concerns expressed by U.S. Representative Tom Emmer and allegations of fraud committed by Signature Bank's CEO and CFO.