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Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight
    Posted on 08/04/2023
Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suffered a black eye when regional lenders associated with the tech world cratered earlier this year.
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