Flock to Bitcoin: New York City Limits Deposits at Capital One and KeyBank


The New York City Banking Commission has decided to limit deposits for two banks as the U.S. banking crisis deepens. Can Bitcoin ‘fix this?’
On May 25, the New York City Comptroller, the City Mayor, and the Department of Finance voted to limit deposits at Capital One and KeyBank.
The move comes after the banks “failed to submit required plans demonstrating their efforts to…

This story appeared on beincrypto.com, 2023-05-26.
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