bitcoinist.com (nprofile…le2g)
✍️ Crypto is reportedly becoming more integrated into the conventional banking system, with several firms planning to apply for banking charters or licenses.
👉 Several crypto firms planning to apply for banking charters or licenses
👉 Trump administration aims to mainstream crypto finances
👉 Congress advancing legislation to create regulatory framework for stablecoins
👉 Banks exploring options for national trust or industrial bank charters
👉 Anchorage Digital becomes first digital asset firm to hold a federal bank charter
#NathanMcCauley #BrianMoynihan #ChrisGorman #technology
quotingbitcoinist.com (nprofile…le2g)
nevent1q…40cv
https://www.tradingview.com/x/OKoDWS0i/
Crypto is reportedly becoming more integrated into the conventional banking system, according to the Wall Street Journal. This shift occurs after the regulatory crackdown that followed the failure of crypto exchange FTX and its aftermath for many crypto-friendly institutions caused many in the conventional financial sector to withdraw their support from the digital asset market. […]
https://bitcoinist.com/crypto-firms-set-to-pursue-us-bank-licenses/