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JPMorgan freezes accounts of two stablecoin startups over sanctions concerns: Report

JPMorgan has reportedly frozen accounts linked to Y Combinator–backed stablecoin startups BlindPay and Kontigo after flagging exposure to sanctioned jurisdictions.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

JPMorgan freezes accounts of two stablecoin startups over sanctions concerns: Report

JPMorgan has reportedly frozen accounts linked to Y Combinator–backed stablecoin startups BlindPay and Kontigo after flagging exposure to sanctioned jurisdictions.

Why this matters

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

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Read on Cointelegraph

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