Customers Bank Said to Debank Some Digital Asset Hedge Funds
Briefly

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.
This latest development highlights the difficulty some crypto companies have in accessing the U.S. dollar banking system post the collapse of Silvergate Bank and Signature Bank last year.
Customers Bank deals only in U.S. dollars, offering a real-time blockchain-based payments platform without accepting cryptocurrency or supporting crypto activities.
Read at Coindesk
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