Hong Kong Via Poland and Puerto Rico: Bitfinex Hops to Another Bank
Posted: Tue Oct 16, 2018 9:50 am
Bitfinex, cryptocurrency exchange and no stranger to headlines, has switched banks again.
According to The Block, the exchange is now working through a private account at the Hong Kong Bank of Communications. The name on the account is PROSPERITY REVENUE MERCHANDISING LIMITED.
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To HSBC or not to HSBC
The exchange last week announced that it had temporarily stopped accepting fiat deposits and bank transfers. The new development is interesting for two reasons.
The first is the implication that the exchange lost the banking services of HSBC, of which it became a customer only ... (read more)