Will US banking crisis give EU a boost in crypto players’ eyes?

The US banking saga has prompted some crypto companies to weigh their options behind closed doors. PHOTO: REUTERS
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SINGAPORE – Becoming unbanked in America is a nightmare for some cryptocurrency players who have offices in Singapore, no matter their size.

Players and observers say the banking crisis that unfolded over the weekend and was averted is particularly tricky for business entities in Singapore that are based in the United States, or are US venture capital-funded companies and professional trading firms.

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