Banking Titans Standard Chartered and Deutsche Bank Explore Expanding Bitcoin and Crypto Operations to the US
Easing regulations for Bitcoin and crypto are attracting prominent banking giants back to the United States, with Standard Chartered and Deutsche Bank planning to make a foray.
A report from the Wall Street Journal, citing people familiar with the issue, has confirmed the recent development. According to the disclosure, the recent national adoption of the nascent industry is changing the earlier stance of prominent financial institutions.
For perspective, US President Donald Trump positioned himself as the “Bitcoin President,” promising to make America the crypto capital of the world. Since assuming power, he has taken those promises seriously, fostering the recent regulatory calm, which is now rekindling the interest of major…
