
PANews|Dec 27, 2025 02:51
[JPMorgan Freezes Accounts of Stablecoin Startups Operating in High-Risk Countries]
According to The Information, in recent months, JPMorgan has frozen accounts used by at least two rapidly growing stablecoin startups that operate in high-risk countries such as Venezuela. This move by the bank highlights the risks cryptocurrency transactions pose to banks, as they must understand their business counterparts and the sources of funds.
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