Tuesday, 23 April 2024
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‘Exhausted all options’ — Unbanked to close after being left hanging by investor By Cointelegraph

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Crypto fintech firm Unbanked, which provides crypto custody and payments services, has become the latest firm to close shop while citing a harsh regulatory environment for crypto in the United States.

In a May 26 blog post Unbanked cofounders Ian Kane and Daniel Gouldman said that when it first opened, it believed that building the company in the United States “would be the smart long-term play” though that did not turn out to be the case five years later.