Metropolitan Bank Halting Cryptocurrency-Related Transfers

Metropolitan Bank Holding Corp, believed to be widely used by cryptocurrency companies and investment firms, has reportedly ceased all international wire-based, cryptocurrency-related money transfers. Fortune broke the news that Metropolitan Bank is immediately β€œceasing all international crypto-related wire transfers to and from” the bank itself, according to a source that is a customer of the bank. Supposedly, the reason for the shutdown was because the bank could not verify the compliance of international wire transfers Read More The post Metropolitan Bank Halting Cryptocurrency-Related Transfers appeared first on Bitcoinist.com.



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