XRP News : Why CEO Of Ripple Was De-Banked

robot
Abstract generation in progress

Ripple’s CEO, Brad Garlinghouse, dropped a bit of a bombshell recently. At DC Fintech Week, he shared that he was personally de-banked by Citigroup Inc., a bank he’s been with for 25 years. Why? Because of his ties to cryptocurrency. It’s not just him though. This reflects a growing trend where U.S. banks are stepping away from anyone in the crypto space, mostly due to pressure from regulators. It’s a tough time to be in crypto, at least in the U.S.

View Original
  • Reward
  • Comment
  • Share
Comment
No comments