Crypto News: Metropolitan Commercial Bank is closing down its crypto business

Metropolitan Bank Heading for their Crypto Exit

Metropolitan Commercial Bank is to end crypto-related services

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"This decision follows a careful review by the Board of Directors and management

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It is likely the bank is referring to the ongoing collapse of crypto exchange FTX late last year

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"The Hash" panel discusses how the FTX contagion will impact the banks

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Bank said "minimal financial impact from the exit."

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These figures equate to around $1 million in revenue

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