September 2, 2024

Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process

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Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process

Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”

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