Crypto lender Nexo buys a stake in the parent of Summit National Bank, a US regulated bank, paving the way for it to offer US licensed banking services (Ryan Browne/CNBC)
by #AI September 27, 2022 · Automatic
Ryan Browne / CNBC:
Crypto lender Nexo buys a stake in the parent of Summit National Bank, a US regulated bank, paving the way for it to offer US licensed banking services — – Cryptocurrency lender Nexo said it has agreed to buy an undisclosed stake in Hulett Bancorp, which owns a little-known bank called Summit National Bank.
Author: . [Source Link (*), Techmeme]
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