Customers Bank Said to Debank Some Digital Asset Hedge Funds

Customers Bank Said to Debank Some Digital Asset Hedge Funds

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Source: Coindesk.com

Customers Bank has debanked a number of crypto hedge funds in recent weeks, three people said. One person said the move was mainly housekeeping and the offboarding of inactive accounts. To limit its exposure to digital assets the bank has capped deposits from crypto clients at 15% of total deposits.

Read More https://www.coindesk.com/business/2024/06/07/customers-bank-said-to-debank-some-digital-asset-hedge-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Customers Bank Said to Debank Some Digital Asset Hedge Funds" appeared first here Coindesk.com.

Source: Coindesk.com

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