Could crypto state banks be on the way?
STORY: From crypto state banks to Kraken’s bid for NinjaTrader.
This is Crypto Weekly.
:: Crypto Weekly
:: Crypto state banks?
Could crypto state banks become a thing?
According to half a dozen industry executives, financial technology firms and crypto companies are seeking to become state or national banks.
Reportedly wanting to expand their business under a Trump administration they view as industry friendly.
Firms with these ambitions see an opportunity to get licenses that regulators were previously reluctant to approve.
Sources say discussions and preparations for bank charters have increased significantly.
:: An arrest in India
At Washington’s request, Indian authorities have arrested a cryptocurrency exchange…
