The growing popularity of cryptocurrencies in the mainstream has left even traditional banks intrigued and riveted on trying digital currencies out. Banks in El Salvador, Miami and Singapore (to name a few) have already taken strides in this regard. and it seems like Western banks may be joining them sooner rather than later.
Recognising the demand for digital currencies, the Virginia Senate unanimously approved a landmark cryptocurrency banking bill that will allow banks to offer custodial services for Bitcoin and other cryptocurrencies.
Source: RareHippo
The growing popularity of cryptocurrencies in the mainstream has left even traditional banks intrigued and riveted on trying digital currencies out. Banks in El Salvador, Miami and Singapore (to name a few) have already taken strides in this regard. and it seems like Western banks may be joining them sooner rather than later.
Recognising the demand for digital currencies, the Virginia Senate unanimously approved a landmark cryptocurrency banking bill that will allow banks to offer custodial services for Bitcoin and other cryptocurrencies.
