10min chapter

Crypto Critics' Corner cover image

Can crypto companies get bank accounts?

Crypto Critics' Corner

CHAPTER

Challenges Faced by Crypto Companies in Obtaining Bank Accounts

This chapter discusses the difficulties faced by crypto companies in obtaining bank accounts due to the perceived high risk associated with the industry. It explores the reduction in banking partners for Circle, the SEC lawsuit against Coinbase and Binance, and the changing perspectives of banks towards cryptocurrencies.

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