Crypto’s New Favorite Bank Is Reluctant to Accept the Title

📆 7/30/2023 9:00 AM

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📆 7/30/2023 9:00 AM
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A small Pennsylvania bank has emerged as one of the biggest partners for the crypto industry — albeit a somewhat reluctant one

partners with hundreds of digital-asset firms, including major exchanges, market makers and stablecoin issuers, according to people with knowledge of the matter.

It attracted new clients after crypto-friendly lenderscollapsed, leaving Customers Bank — the West Reading-based company’s primary subsidiary — one of a few facilitators of dollar transactions that crypto businesses could turn to.

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