The Bitcoin Banking Battle Heats Up

Banks are moving into crypto and crypto companies are trying to become banks, so how does it all play out?

CoinDesk Insights
Dec 12, 2020 at 2:00 p.m. UTC
Updated Sep 14, 2021 at 10:42 a.m. UTC

Banks are moving into crypto and crypto companies are trying to become banks, so how does it all play out?

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This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch LVL.co.

On this edition of the weekly recap, NLW looks at the brewing battle to be the bitcoin and crypto bank of the future. He looks at three stories reporting banks getting into crypto (BBVA, Standard Chartered and DBS) as well as crypto companies applying to become banks. Finally, he examines why this is happening right now, and what are the true stakes of the game.

This week on The Breakdown:

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