Regulation
Banks Explore Crypto Partnerships in New Trend
Partnerships between banks and cryptocurrency brokers could resume growth after years of strained relations between the two, as skepticism from traditional financial institutions about the soundness of digital assets eases amid greater regulatory clarity.
The industry hit a wall in 2022 with the collapse of FTX’s cryptocurrency exchange, with crypto-friendly US banks Silicon Valley Bank and Signature Bank to go bankrupt the following year, leading to further market uncertainty.
To continue reading, join our community and benefit from
- In-depth coverage of key markets
- Comments from financial leaders and policy makers around the world
- Regional/National Bank Rankings and Awards