Friday, December 9, 2022

Neobanks Should Offer Crypto

By DAC000 , in neobank , at October 30, 2022 Tags:

According to Fintech Magazine. About a one minute read.

Comment: while the article makes some good points and has excellent stats (e.g., “85% of crypto owners are interested in buying crypto from their own financial institutions rather than having to go to an exchange or wallet. ”) the author seems to not understand Neobanks usually don’t have a banking license. Almost all partner with an established Financial Institution. Who are regulated and, at present, CAN NOT offer crypto to their customers.