The bank said the move will ensure the safest path forward for all its customers, but also stressed that insolvency will not affect its services, customer funds.
Nuri a German crypto focused bank with 500,000 customers, filed for insolvency on Aug. 9, citing falling crypto prices, the insolvency of Celsius and other crypto funds earlier this year as reasons for measure.
Investments or the ability of clients to withdraw their assets from the platform.
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