JPMorgan freezes accounts of two stablecoin startups over sanctions concerns: Report

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Why This Matters

JPMorgan has frozen accounts of two stablecoin startups, BlindPay and Kontigo, due to concerns over exposure to sanctioned jurisdictions, highlighting the bank's increased scrutiny of cryptocurrency-related transactions.

Market Impact

Market impact analysis based on bearish sentiment with 78% confidence.

Sentiment
Bearish
AI Confidence
78%

Article Context

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JPMorgan has reportedly frozen accounts linked to Y Combinator–backed stablecoin startups BlindPay and Kontigo after flagging exposure to sanctioned jurisdictions.

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Original article published by Unknown on December 27, 2025.
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