Ex-Signature Bank Execs Launch Blockchain-Powered N3XT Bank Backed by Paradigm, Winklevoss
A group of former executives of Signature Bank, the crypto-friendly bank shuttered in 2023 March, announced on Thursday the launch of a new blockchain-powered, full-reserve bank aiming to offer programmable U.S. dollar payments. Dubbed N3XT, the bank operates under a Wyoming Special Purpose Depository Institution (SPDI) charter, settles payments instantly using a private blockchain system...
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