Crypto banking: The emergence and potential success of the crypto-friendly banks

For those who have followed the rise of cryptocurrency, it has been a wild ride.Anonymous, encrypted digital methods of financial transactions have been around since 1983. With the introduction of blockchain technology and the subsequent creation of Bitcoin, cryptocurrency started making headlines and became a buzzword across the globe.The reaction of governments and banks towards cryptocurrency was largely negative at first. The levels of privacy provided by crypto technology seemed like a criminal’s paradise. Many countries moved quickly to ban or limit new technology.There was also a large …

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