Cryptocurrency Platforms Looking to Apply for U.S. Banking License

[mskumar]

There are reports that some cryptocurrency firms in the U.S. are mulling the possibility of obtaining banking licenses in the country. While crypto regulations remain an ongoing process, such a move would signal a new paradigm for these firms and the market as a whole. A banking license would afford cryptocurrency firms the opportunity to broaden the scope of their service delivery. It would also help to further legitimize the digital currency market in the country and improve the pedigree of these startups.
Source:https://btcmanager.com/cryptocurrency-platforms-looking-to-apply-for-u-s-banking-license/?utm_source=onesignal&utm_medium=push