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Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process

FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”

Updated Jun 13, 2024, 3:05 p.m. Published Jun 13, 2024, 3:02 p.m.
View of Zug, Switzerland, from the lake, with mountains in background. (Louis Droege/Unsplash)
(Louis Droege/Unsplash)