The Interchange: Wait, it’s all just banks?
Quick Take
- It’s often said that every tech company wants to be a bank. But it hasn’t fully materialized, yet.
- While crypto companies are rapidly pushing the boundaries of market structure and wanting to be banks themselves, so far only Wyoming special state charters have offered early forms of success.
- The recent break-neck pace of crypto banking developments paired with latest U.S. regulatory rhetoric suggests 2021 is setting up for a potential collision course among crypto national bank charter hopefuls.
This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.
Go to Source
Author: Ryan Todd
