Crypto exchange Gemini has denied reports that its banking relationship with U.S. banking giant JPMorgan has ended.
In a March 8 tweet, Gemini said:
“Despite reporting to the contrary, Gemini’s banking relationship remains intact with JPMorgan.”
Coindesk previously reported that JPMorgan had ended its relationship with the Winklevoss twins-led crypto exchange. The media outlet said its source was a person familiar with the situation.
According to Gemini’s website, the exchange maintains relationships with other banks, including embattled crypto-friendly bank Signature and State Street.
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