Crypto firms push into US banking as Trump signals friendlier stance – Firstpost
Firms including crypto payments group Ripple, stablecoin company Circle, and custodian BitGo have applied for national trust bank charters that would allow them to offer select banking services
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Cryptocurrency companies are accelerating efforts to enter traditional banking in the United States, capitalising on what they see as a more favourable regulatory climate under President Donald Trump and seeking deeper integration into the financial system.
Firms including crypto payments group Ripple, stablecoin company Circle, and custodian BitGo have applied for national trust bank charters that would allow them to offer select banking services. Crypto exchange Kraken plans to launch bank cards by the end of the month.
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