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

(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 last month, the Wall Street Journal reported on Saturday citing people familiar with the matter.

Illustration shows Binance logo

(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 last month, the Wall Street Journal reported on Saturday citing people familiar with the matter.

(Reporting by Akanksha Khushi in Bengaluru; Editing by Lisa Shumaker)

By Reuters

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