Bloomberg: American banks will be more cautious in considering services for cryptocurrency clients

ChainCatcher news, according to Bloomberg, U.S. banks are becoming more cautious in providing services to the crypto industry following a series of regional bank failures and increased scrutiny from regulators. According to industry participants, investors, and bank executives, while there is no outright ban on serving crypto clients, financial companies are implementing lengthy application processes, rejecting small firms and some retail platforms, and in some cases, even completely shutting the door on crypto business. (Source link)