Tether’s reported bank partner Capital Union shares its crypto strategy

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Tether’s reported bank partner Capital Union shares its crypto strategy
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Capital Union, a Bahamas-based bank that reportedly holds some reserves by the Tether stablecoin issuer, launched crypto trading and custody as a “forward-looking financial institution.” (Reporting via coindanslecoin)

The banking institution has rolled out crypto trading and custody services to its professional clients as part of the bank's trading desk, a spokesperson for Capital Union told Cointelegraph on Tuesday.

Capital Union’s crypto-related services still represent a “fairly small portion” of its business, which is mainly focused on providing traditional wealth management and investment services, the representative noted.

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