Crypto companies once focused on buying, selling and storing digital assets. Now, some are looking further into banking, payments and wider financial services.
The owner of crypto exchange Kraken is buying a European bank, according to the Financial Times. The deal points to a bigger shift: crypto businesses want stronger links to traditional finance, while banks want to understand where digital assets fit in.
The important issue for users is not the label on a company. It is whether customer funds are protected, fees are clear, compliance is strong and support works when something goes wrong.
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