“Most banks at the moment have a zero-tolerance approach to crypto,” said Tom Robinson, Elliptic’s chief scientist and co-founder. “They don’t have any visibility into the risks that a particular exchange may possess – they all look the same to them. So, many of them won’t bank any exchanges.”
Related posts
-
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
While June was a lackluster period for crypto assets... -
14,000 BTC Transferred To Exchanges In Four Days
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the... -
Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally
In June, the number of cryptocurrency automated teller machines...