Banks In The USA Should Be Permitted To Own Cryptocurrency

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Sat, March 15, 2025

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Tue, March 11, 2025

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Banks In The USA Should Be Permitted To Own Cryptocurrency

//business-finance.news-articles.net/content/202 .. a-should-be-permitted-to-own-cryptocurrency.html

Published in Business and Finance on Wednesday, March 12th 2025 at 8:41 GMT by Forbes
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Banks need to enter the market. Regulatory uncertainty, concerns over volatility, and the perceived risks associated with digital assets have kept banks on the sidelines.

The article from Forbes, published on March 12, 2025, discusses the evolving landscape of cryptocurrency regulation in the United States, advocating for banks to be allowed to own and deal in cryptocurrencies. It highlights the increasing mainstream acceptance of digital currencies and the potential benefits for banks, including new revenue streams, enhanced customer services, and improved liquidity in the crypto market. The piece argues that allowing banks to engage with cryptocurrencies could lead to better regulatory oversight, reduce fraud, and integrate cryptocurrencies more seamlessly into the traditional financial system. It also addresses concerns about risk management, suggesting that with proper regulatory frameworks, banks could mitigate risks associated with cryptocurrency volatility and security. The article concludes by urging policymakers to consider these advantages to foster innovation and maintain the U.S.'s competitive edge in global finance.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/digital-assets/2025/03/12/banks-in-the-usa-should-be-permitted-to-own-cryptocurrency/ ]

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