Saturday, April 8, 2023

Sources: Binance.US has struggled to find a bank for its customers' cash after the failure of Signature Bank and is using at least one middleman to store funds (Wall Street Journal)

Wall Street Journal:
Sources: Binance.US has struggled to find a bank for its customers' cash after the failure of Signature Bank and is using at least one middleman to store funds  —  As a stopgap, the exchange is using at least one middleman to store user funds on its behalf  —  The U.S. affiliate …



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