Smartcrypto

Smartcrypto

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05/10/2020

Banks and cryptocurrencies, this connection is becoming relevant in the US, setting global trends. The Kraken cryptocurrency exchange has undergone all regulations and received a SPDI banking license (Special Purpose Depository Institution - not authorized to lend money). The bank plans to interconnect standard banking services with cryptocurrency. Six other institutions are currently negotiating SPDI licenses in the United States. The advantage for clients is that in order to obtain it, the applicant must pass an audit and prove the necessary financial reserves. Could this be a path to cryptocurrencies for more conservative clients and support for the adoption of cryptocurrencies?

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