---
title: "Swiss regulator forces crypto-friendly FlowBank into bankruptcy"
url: https://diffcoin.com/swiss-regulator-forces-crypto-friendly-flowbank-into-bankruptcy/
description: "The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance. Source link"
published: 2024-06-14
updated: 2024-06-14
author: "Mila"
site: "Diffcoin"
---

# Swiss regulator forces crypto-friendly FlowBank into bankruptcy

The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance.

[Source link](https://cointelegraph.com/news/swiss-crypto-flowbank-forced-bankruptcy-after-banking-failures)