Swiss Regulator Shuts Down Crypto Friendly FlowBank, Begins Bankruptcy Procedures

Swiss Regulator Shuts Down Crypto Friendly FlowBank, Begins Bankruptcy Procedures

Switzerland-based crypto-friendly bank FlowBank has begun bankruptcy proceedings after regulators said it lacked operating capital. FlowBank reportedly had affiliations with Techteryx, the issuer of stablecoin TrueUSD, and allowed customers to trade… The post Swiss Regulator Shuts Down Crypto Friendly FlowBank, Begins Bankruptcy Procedures appeared first on The Tech Report…