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Ethereum World News
2023-03-08 19:59:36

Gemini Crypto Exchange Dropped By Heavyweight Bank JP Morgan

Gemini Crypto Exchange Dropped By Heavyweight Bank JP Morgan

Summary: JP Morgan will no longer offer banking services to crypto exchange Gemini, CoinDesk reported citing sources familiar with the matter. The bank’s decision to cut ties with a crypto business is the latest in the so-called exodus of partnerships between crypto companies and their banking partners. Coinbase, another JP Morgan crypto customer, switched from Silvergate Bank to Signature Bank for USD deposits and withdrawals on Coinbase Prime. Banking juggernaut JP Morgan will no longer offer banking services to crypto

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