Wave of crypto adoption set to hit US shores

Team Luno
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Over 600 US banks will soon be able to offer crypto directly to customers. The news is the result of a deal between digital asset management firm NYDIG and the National Credit Regulator (NCR), which will enable community banks and credit unions to offer their clients crypto trading through their banking apps.

 

According to NCR’s president of digital banking, Douglas Brown, this move is in response to a growing demand for access to crypto.

 

"Banking today is a daily or a couple-of-times-a-day activity for people, which is what we typically see. Crypto gets to an hourly or sub-hourly level of deepening engagement," he said.

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Team Luno

On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @LunoGlobal.

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