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Bitcoin World 2024-06-15 11:28:22

Swiss Regulator Forces Crypto-Friendly Flowbank Into Bankruptcy

FlowBank, an online Swiss bank that offered cryptocurrency trading services, has been shut down and forced into bankruptcy after the Swiss financial regulator found it “seriously breached” standards required for it to operate as a bank. “This measure became necessary as the bank no longer has the minimum capital required for its business operations,” the

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