CryptoSlate

America is creating a new class of crypto banks – but they aren’t really banks

America is creating a new class of crypto banks – but they aren’t really banksWorldPing

Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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Brief by WorldPing · Original reporting by The Guardian