Customers Bank plans to cancel the bank accounts of some crypto hedge funds

According to people familiar with the matter, Customers Bank will cancel the bank accounts of some crypto hedge funds and no longer provide them with banking services. This move is mainly for internal management and deleting inactive accounts. This move has affected some cryptocurrency companies, but it is not a large-scale capital withdrawal. It is reported that Customers Bank provides services to some large companies in the cryptocurrency field such as Galaxy Digital (GLXY), Coinbase (COIN) and Circle. (Coindesk)