Nuri, a crypto-focused digital banking platform, announced it has filed for insolvency in a Berlin court on Tuesday, saying the move was “necessary to ensure the safest path forward for all our customers.”
Despite the insolvency proceedings, Nuri said that customers would still have “guaranteed access” to their euro accounts and crypto wallets.
“All funds in your Nuri accounts are safe due to our partnership with Solarisbank AG. The temporary insolvency proceedings do not affect your deposits, cryptocurrency funds and Nuri Pot investments which have been done with us,” the company said in a statement.
Nuri filed for insolvency on Tuesday, August 9th, 2022. This does not affect our services, customer funds or investments. You can find a complete statement of this situation on the Nuri Blog: https://t.co/UgAyckWE7J
— Nuri (@NuriBanking) August 9, 2022
Formerly known as Bitwala, the company has been operating since 2015, offering users the convenience of a regular bank account combined...
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