Rich Compass

Is Crypto Ready to Ditch the Traditional Banking System?


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This podcast breaks down an article on the crypto industry's push to "debank" from traditional finance.


The article explores the challenges of going fully bankless, including trust issues, asset security risks, financial isolation, and regulatory pressure.


Instead of supporting full debanking, global regulators are working to integrate banks into the crypto ecosystem.


Rather than a complete separation, the article sees this trend as a catalyst for redefining the relationship between crypto and traditional finance.


With U.S. regulators possibly easing policies, a more balanced partnership between banks and crypto could be on the horizon.


Source: https://www.panewslab.com/zh_hk/articledetails/fp1zw9o7.html

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Rich CompassBy Harold