Kraken is pulling back from using crypto-focused bank Signature Bank for some significant financial transactions, according to Bloomberg. By NelWang
Crypto exchange Kraken is pulling back from using crypto-focused bank Signature Bank for some significant financial transactions, according to a report from Bloomberg, in the latest move away from a specific bank by a crypto exchange.
Non-corporate clients of Kraken will no longer be able to make dollar deposits or withdrawals using Signature, according to an email seen by Bloomberg that was sent to customers on Wednesday. Deposits will be phased out on March 15, while withdrawals will end on March 30. In its email to users, Kraken said the move was made due to changes by Signature, according to Bloomberg.
Neither Kraken nor Signature immediately responded to requests for confirmation or additional comment from CoinDesk.to receive domestic wire transfers and instead use Signature Bank.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Seattle-based 13-year-old singer/songwriter performs during Sunday's Kraken gameBorn in Toronto, but based in Seattle, 13-year-old Nikhil Bagga performed at Sunday's Kraken game. He joined Studio 13 Live on Monday to discuss the experience and even give us a show, too! FOX13
Read more »
Entenmann’s brings back signature windowed packaging following customer complaints'I feel personally attacked that Entenmann’s took away the little window & replaced it with a printed picture,' tweeted one passionate customer.
Read more »
Hate your signature? Try plastic surgery for autographsDo you hate the way you sign your name
Read more »
Hate your signature? Try plastic surgery for autographsNEW YORK (AP) — Doctors, lawyers, celebrities: There's a new cosmetic surgery, of sorts, that has snared them all. By that, we mean handing over money to hire a calligrapher for a fresh take on writing one's own name in cursive.
Read more »
Hate your signature? Try plastic surgery for autographsDo you hate the way you sign your name.
Read more »
Hate your signature? Try plastic surgery for autographsIn general, Molina said, people come to her for signature makeovers for a simple reason: They’re tired of the way they sign their names.
Read more »