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Unbanked shuts down crypto services, says US regulations prevented fundraising
By Mike Dalton at 2026-05-09 14:59
Sentiment: Negative
Unbanked, a cryptocurrency card and trading platform, said May 25 that it would be winding down its services due to harsh U.S. regulations. Regulations affected funding Unbanked cited regulations as the primary reason for its shutdown. The firm asserted that regulators in the U.S. are “actively trying to stop companies (banks and fintechs) from supporting […] The post Unbanked shuts down crypto services, says US regulations prevented fundraising appeared first on CryptoSlate. Continue reading...
Categories: Bankruptcy
Tags: #Bankruptcy #Investments #Payments
Source CryptoSlate