U.S. crypto firms are looking for bank accounts offshore following the collapse of three of the most digital assets friendly financial institutions last week.
Sygnum in Switzerland and Bank Frick in Lichtenstein told CoinDesk that they have seen an increase in requests to open accounts in the past few days, from various jurisdictions - including the U.S.
Industry sources have also pointed to SEBA Bank in Switzerland, FV Bank in Puerto Rico and Jewel Bank in Bermuda, as well as Tether and FTX-tied Deltec in the Bahamas as options for U.S. dollar-based banking. A list sent out to some companies in the Digital Currency Group umbrella (which includes CoinDesk) also identified EQIBank in Dominica. These banks didn’t respond to CoinDesk’s request for comment as of press time.
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