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Cryptopolitan
2023-04-20 16:57:20

New York-based Metropolitan Commercial Bank nears full crypto market exit amid industry turmoil

New York-based Metropolitan Commercial Bank nears full crypto market exit amid industry turmoil

Metropolitan Commercial Bank is on the verge of a complete departure from the cryptocurrency market, with only $278.5 million in crypto-related deposits remaining, according to an April 18 SEC filing. The bank stated that its exit from the crypto sector is nearly finished, while its total core deposits, excluding crypto clients, stood at $4.9 billion … New York-based Metropolitan Commercial Bank nears full crypto market exit amid industry turmoil Read More »

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