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Banks in the US are under increasing pressure to sever ties with cryptocurrency firms, as unfavorable media scrutiny, public sentiment, and regulatory measures against the industry grow. Not a single US regulatory body, like the Federal Reserve or the Securities and Exchange Commission (SEC), looks at the crypto industry favorably today, according to a banking exec at a crypto-friendly American bank.
In an exclusive talk with Protos, the banking exec spoke on-background about the regulatory hurdles facing the industry and what it means for crypto’s future in America.
Hosted on Acast. See acast.com/privacy for more information.
Banks in the US are under increasing pressure to sever ties with cryptocurrency firms, as unfavorable media scrutiny, public sentiment, and regulatory measures against the industry grow. Not a single US regulatory body, like the Federal Reserve or the Securities and Exchange Commission (SEC), looks at the crypto industry favorably today, according to a banking exec at a crypto-friendly American bank.
In an exclusive talk with Protos, the banking exec spoke on-background about the regulatory hurdles facing the industry and what it means for crypto’s future in America.
Hosted on Acast. See acast.com/privacy for more information.