Bank of Italy blocks N26: stop to new customers and cryptocurrency activities

Listen to the audio version of the article

Bank of Italy blocks N26. For the German fintech, stop opening new accounts and selling new products or services to current customers: in particular the activities related to cryptocurrencies, on the launch pad and now frozen, would have ended up in the sights of the Supervision. The Via Nazionale provision is dated March 28 and arrived “following inspections, conducted from October 25 to December 17, 2021”, reads a note, “from which significant shortcomings emerged …