German crypto bank Nuri with 500K users files for insolvency
August 09 2022 - 9:18PM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvYTZjZjM1MzAtODI0NS00NDJhLWIxYWEtYjRlZGIxM2FhMDgwLmpwZw==.jpg)
Nuri stated that it has been facing a “lasting strain” on its
business liquidity in 2022 due to “significant macroeconomic
headwinds and the cooling down of public and private capital
markets.”
...
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