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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.”

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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.”

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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