Economic news

Binance’s US arm struggles to find bank to take its customers’ cash- WSJ

2023.04.08 10:19


© Reuters. FILE PHOTO: Binance logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration

(Reuters) – The U.S. arm of cryptocurrency exchange firm Binance has struggled to find a bank for its customers’ cash after the failure of Signature Bank (OTC:) last month, the Wall Street Journal reported on Saturday citing people familiar with the matter.

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