JPMorgan Flags Risky Stablecoin Activity, Freezes Account of Two Firms

JPMorgan has frozen accounts linked to two venture-backed stablecoin startups in Venezuela. This is happening against the backdrop of already pending compliance issues in the region. JPMorgan Freezes Accounts Tied to Stablecoin Projects As reported by The Information, the company halted bank account activity that was linked to at least two stablecoin-based startups in areas

The post JPMorgan Flags Risky Stablecoin Activity, Freezes Account of Two Firms appeared first on CoinGape.