Deltec Bank and Trust has sold its business line to Britannia Bank and Trust, both of which have served Tether and operate in the Bahamas. Britannia chairman Julian Francis explained that Britannia is not acquiring Deltec, but rather 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) #binancepizza