WSJ: Binance.US is trying to find a bank for their customers’ cash
The U.S. branch of cryptocurrency exchange Binance has struggled to find a bank to handle its customers’ funds. The Wall Street Journal writes about this, citing its sources. Previously, deposits were sent to either Signature Bank or Silvergate Capital. However, after both burst, the exchange is forced to look for a new banking partner. Binance.US uses at least one intermediary to hold funds, the sources say, adding that since the money is held by a…
