Crypto firms seeks swiss banking partners after bank crisis in the US
The global banking sector was thrown into turmoil by Friday's collapse of Silicon Valley Bank, which sent global bank stocks plunging on Monday on concern about further contagion.
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The global banking sector was thrown into turmoil by Friday's collapse of Silicon Valley Bank, which sent global bank stocks plunging on Monday on concern about further contagion.
Switzerland-based Arab Bank said it saw an increase in US firms seeking to open accounts.
U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S.
Cryptocurrency heavyweights including Coinbase Global Inc. and Galaxy Digital on Thursday dropped Silvergate Capital Corp. as their banking partner after the lender's latest filing raised questions about its ability to stay in business.
Cryptocurrency heavyweights including Coinbase Global Inc and Galaxy Digital on Thursday dropped Silvergate Capital Corp as their banking partner after the lender's latest filing raised questions