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‘Inundated with requests’: Digital currency firms look to Swiss banks after crypto-friendly lenders fail

After the collapse of two crypto-friendly lenders, companies are turning to Swiss banks for banking services. Crypto firms have found it difficult to access banking services from traditional lenders, who do not want to touch anything that does not have a clear regulatory framework. But with two of the biggest lenders, along with SVB, now out of the picture, cryptocurrency firms have turned to Switzerland, which has sought to market itself as a crypto hub with solid regulation.

The post ‘Inundated with requests’: Digital Currency Firms look to Swiss banks after crypto-friendly lenders fail appeared first on Balanced News Summary.



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‘Inundated with requests’: Digital currency firms look to Swiss banks after crypto-friendly lenders fail

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