JPMorgan Freezes Accounts of Two Stablecoin Startups After Sanctions Red Flags
by Vincent Muthee JPMorgan Chase has frozen bank accounts associated with two venture-backed stablecoin startups after identifying sanctions-related risks linked to their operations. The action adds pressure on crypto payment firms operating in high-risk jurisdictions, even as large banks continue to expand their digital asset services. BlindPay and Kontigo, both backed by Y Combinator, lost […]