Why Crypto Startups Need Banking Services, and Banks Need Crypto Too

Why Crypto Startups Need Banking Services, and Banks Need Crypto Too
Bitcoin and cryptocurrencies are supposed to be a gateway that gives the unbanked access to the world’s financial system. Yet crypto startups, trying to adopt and promote those same ideals through the way they conduct business, are finding it challenging to access traditional financial services and payment processing.After all, most banking institutions still won’t provide services to companies operating in the crypto space. While those banking institutions may recognize the opportunity to continue earning fees and interest off of those crypto companies, many of them still view crypto as high risk, and a threat to the business models that traditional…