Banking clients have grown tired of nearly zero deposit rates in recent years and in some cases, we are seeing negative interest rates on deposits. Traditional banking, in general, is becoming less profitable. That’s where «crypto-fiat» banks are entering to fill the void.
The young history of cryptocurrency is already a dramatic saga that even the best novelists couldn’t replicate. As this technology continues to evolve, new challenges present themselves. Thus far, the market has overcome these challenges. Especially over the past five months.