Kraken will no longer support USD deposits and withdrawals with Signature Bank for non-corporate customers
March 2nd, 2023

Kraken’s non-corporate customers will no longer be able to use crypto bank Signature Bank to make U.S. dollar deposits or withdrawals, Kraken said in an email to customers on Wednesday. Deposits will stop on March 15th, and customers have until March 30th to complete withdrawals. According to a previous statement issued by Binance, Signature Bank will no longer support any crypto exchange customers with a transaction amount of less than $100,000 from February 1, 2023.

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