What Are Crypto Banks & Why Are They Important For Mass Adoption?

To date, cryptocurrency exchanges are the primary (if not the only) way for people to convert fiat currency into cryptocurrency, or vice versa, but with the rise of crypto banks this may change. The skills required for owning and managing a crypto wallet overburden many users with risk and responsibility, but crypto banks could solve this user experience issue. The biggest problem is that crypto regulations cannot agree on is which asset class cryptocurrencies belong to.

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