Exclusive: Metropolitan Bank Halts International Cryptocurrency-Related Wire Transfers

Metropolitan Bank Holding Corp, which is used by cryptocurrency companies and investment firms for wire transfers and deposits, has ceased all cryptocurrency-related international wires effective immediately, Fortune has learned.

A Metropolitan customer confirmed to Fortune that his investment firm was notified on Thursday morning that the bank was "ceasing all international crypto-related wire transfers to and from" it effective immediately. The reason for the shutdown, according to the...

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