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To achieve widespread adoption, the cryptocurrency industry must address the significant issue of debanking, which involves the withdrawal of banking services from businesses dealing with digital assets. This episode of Stocks in Translation features insights from Keith Bliss, who emphasizes that the perception of money laundering in crypto is misguided, noting that cash transactions are far more prone to illicit activities. He argues that for innovation in the crypto space to thrive, banks need to reestablish their services to these companies.
Source: YAHOO