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cryptonews 2023-06-09 13:00:00

As Traditional Banks Step Back, New Players Fill Gap in Crypto Banking

With traditional banks becoming more cautious about servicing the cryptocurrency industry, smaller regional banks and alternative payment service providers are stepping up to fill the gap. In the US, Customers Bancorp, a Pennsylvania-based lender, has become a popular choice, having launched a real-time payment platform to support the settlement of US dollar transfers underlying cryptocurrency transactions, according to a new list of crypto-friendly banks compiled by Bloomberg News.... Read More: As Traditional Banks Step Back, New Players Fill Gap in Crypto Banking

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