Crypto Banking Firm FairX Shuts Down Due to Lack of Financing

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FairX, a financial services company involved with banking and digital assets, has shut down its operations as it failed to establish a licensed national bank. FairX, a financial services company involved with banking and digital assets, has shut down its operations as it failed to establish a licensed national bank.According to a FairX Twitter thread on July 19, the company has fallen short of setting up a licensed national bank due to a lack of funding. FairX was trying to raise funds for the planned bank over the past 14 months, which it described as:“… a new, licensed, fully regulated…
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Crypto Banking Firm FairX Shuts Down Due to Lack of Financing

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