Loading ...JPMorgan Freezes Accounts Of Two Stablecoin Startups Over Sanctions Concerns: Report
JPMorgan has reportedly frozen accounts linked to Y Combinator–backed stablecoin startups BlindPay and Kontigo after flagging exposure to sanctioned and high-risk jurisdictions…
In July, Gemini co-founder Tyler Winklevoss claimed JPMorgan Chase paused the crypto exchange’s re-onboarding process in response to his public criticism of the bank’s new data access policy.
Winklevoss accused the bank of engaging in anti-competitive behavior that could damage fintech and crypto firms.