German crypto bank Nuri with 500K users files for insolvency

By Cointelegraph - 1 year ago - Reading Time: 1 minutes

German crypto bank Nuri with 500K users files for insolvency

Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”

Original source: Cointelegraph