Hundreds of community banks are set to start offering Bitcoin in the first half of 2022
The plan first became known in July. Over the past few months, banks have been busy ironing out regulatory issues.
Participants interviewed by American Banker claim that they are now close to launching support for Bitcoin after finalizing their partnerships and addressing security concerns linked to the novel asset class. Even though the idea of buying Bitcoin from banks might sound like an oxymoron, small banking institutions expect that embracing crypto will help them stay afloat.
Synovus Bank's Zach Bishop sees cryptocurrencies playing a more prominent role in their business. However, he is only cautiously optimistic:BankSouth CEO Harold Reynolds has seen a large uptick in cryptocurrency investing among his bank's clients.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Investment giant Invesco predicts the Bitcoin bubble to burst in 2022, to trade below $30kInvestment management firm Invesco is projecting a Bitcoin bubble burst in 2022, citing reduced interest from investors. The projection is... Continue reading
Leer más »
35 January Beauty Launches to Start 2022 RightFrom serums to nail polishes.
Leer más »
Little Village YMCA offering free admission for 2022The Rauner Family YMCA in Chicago's Little Village is offering free admission for 2022.
Leer más »
NFL Draft 2022: 3 Teams That Should Trade For No. 3 Pick | The Draft NetworkThe Texans are reportedly open to the possibility of trading the No. 3 overall pick. If they do, these 3 teams should be interested. FrontOffice33 | WeAreTexans | TogetherBlue | WFT | RiseUpATL
Leer más »
'Attack on Titan,' 'Jujutsu Kaisen,' 'Ranking of Kings' Lead Crunchyroll's Anime Awards Nominations 2022Crunchyroll has announced the nominees for the 2022 Anime Awards with Jujutsu Kaisen, Attack on Titan, and ODDTAXI featured heavily.
Leer más »
India X Cleantech -- January 2022Welcome to the January 2022 issue of our India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.
Leer más »