LevelField Wins Illinois Nod To Acquire Burling Bank For Crypto Services

LevelField Financial has received approval from the Illinois Department of Financial and Professional Regulation to acquire Chicago-based Burling Bank and add cryptocurrency services to a full-service banking model, according to Bloomberg. The deal still requires Federal Reserve Board approval, with closing targeted by year’s end, subject to remaining conditions. Regulatory Path and Deal TermsLevelField’s plan follows an […] source: https://cryptonews.com/news/levelfield-wins-illinois-nod-to-acquire-burling-bank-for-crypto-services/