Cryptocurrency lender Nexo has acquired a minority stake in Summit National Bank, a financial institution regulated by the Office of the Comptroller of the Currency (OCC).
Source
Related posts
-
Top Crypto Exchange Binance Converts $1,000,000,000 Secure Asset Fund From Bitcoin and BNB to Stablecoin USDC
Binance has converted all of the crypto in its $1 billion emergency insurance fund into the... -
Ripple CEO Walks Back $5 Trillion Crypto Marker Prediction, Unveils New Target
The Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has revised his earlier ambitious prediction on... -
IRS Unveils U.S. Tax Form Your Broker May Send Next Year to Report Your Crypto Moves
“Brokers must report proceeds from (and in some cases, basis for) digital asset dispositions to you...