“Bank Frick is reviewing every new onboarding case individually. We apply and have always applied the same strict standards in the crypto area as in the classic banking business. If all necessary local [know your customer/anti-money laundering] standards are fulfilled, it is also possible to onboard jurisdictions outside Europe,” Nicolas Marxer, Bank Frick’s head of blockchain banking, told CoinDesk.
Source: https://www.coindesk.com/business/2023/03/14/banking-crisis-in-us-likely-to-push-crypto-firms-offshore/?utm_medium=referral&utm_source=rss&utm_campaign=headlines