CoinVoice has recently learned that Deltec Bank and Trust has sold its business line to Britannia Bank and Trust. Both banks have served Tether and operate in the Bahamas. Britannia Chairman Julian Francis explained that Britannia did not acquire Deltec, but the business line of Deltec Bank.

Deltec Bank was once one of the most important banks in the crypto ecosystem, providing Tether with access to the banking system after most banks refused to do business with it, and also providing convenient services to many other cryptocurrency entities. (Protos) [Original link]