How the cryptocurrency industry is coming out from under neobanking’s shadow

Whether you know it or not, the worlds of cryptocurrency and digital banking are moving closer and closer together. And at long last, the crypto industry is coming out from under the once-large shadow of neobanking, otherwise known as challenger banks. If you haven’t yet heard of Chime, Current, Monzo, Revolut, Starling or Varo, I…

July ruling now allows all nationally chartered banks in U.S. to provide crypto custody services

July 22, 2020 was a significant day for banks in the United States. On that day, the Office of the Comptroller of the Currency (OCC) noted in a letter that any national bank chartered in the United States can provide custody services for cryptocurrencies – finally clearing the way for banks to hold client’s digital…