• Deutsche Bank and Standard Chartered are exploring expansion into the U.S. crypto market.
• Traditional banks return to crypto following FTX collapse and Trump’s crypto-friendly stance.
• Anchorage Digital faces scrutiny amid increased interest from banks and crypto firms.

Leading financial institutions, such as Deutsche Bank and Standard Chartered, are eyeing the possibility of venturing into the U.S crypto market. This comes at a time when these financial giants are seeking better ways to venture into this growing sector. According to the Wall Street Journal, these banks are going back to the drawing board on their crypto initiatives after steps of prudence. The renewed interest indicates that traditional finance is now beginning to change its attitude towards digital currencies.

The banks are reportedly planning for the expansion since the conventional financial institutions are now extending their influence to the crypto market. Their renewed interest follows a period of retreat after the FTX collapse and the shutdown of several traditional banks that once served the crypto industry. Those events triggered heightened volatility across the crypto market. How…

The post Deutsche Bank and Standard Chartered Expands Into U.S. Crypto Market appeared first on Coin Edition.

• Deutsche Bank and Standard Chartered are exploring expansion into the U.S. crypto market.
• Traditional banks return to crypto following FTX collapse and Trump’s crypto-friendly stance.
• Anchorage Digital faces scrutiny amid increased interest from banks and crypto firms.

Leading financial institutions, such as Deutsche Bank and Standard Chartered, are eyeing the possibility of venturing into the U.S crypto market. This comes at a time when these financial giants are seeking better ways to venture into this growing sector. According to the Wall Street Journal, these banks are going back to the drawing board on their crypto initiatives after steps of prudence. The renewed interest indicates that traditional finance is now beginning to change its attitude towards digital currencies.

The banks are reportedly planning for the expansion since the conventional financial institutions are now extending their influence to the crypto market. Their renewed interest follows a period of retreat after the FTX collapse and the shutdown of several traditional banks that once served the crypto industry. Those events triggered heightened volatility across the crypto market. How…

The post Deutsche Bank and Standard Chartered Expands Into U.S. Crypto Market appeared first on Coin Edition.