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Binance.US Relying on Middleman To Store User Funds As Crypto Exchange Struggles To Find Banking Partner: Report

By Rhodilee Jean Dolor at 2026-04-27 21:47

Sentiment: Negative

The US arm of leading crypto exchange Binance is reportedly searching for a new banking partner after Silvergate Capital and Signature Bank collapsed last month. The Wall Street Journal reports that Binance.US is struggling to find a bank that will directly hold its customers’ cash following the failure of Signature and Silvergate, which were the […] The post Binance.US Relying on Middleman To Store User Funds As Crypto Exchange Struggles To Find Banking Partner: Report appeared first on The Daily Hodl. Continue reading...

Categories: Regulators

Tags: #Regulators #Trading #Binance #News #regulation #Silvergate #trading

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