Not all banks are the same, not even traditional banks: in fact, there are some that can be called crypto banks, meaning they are close to the cryptocurrency world in some way.
However, at least three different types of crypto banks can be clearly distinguished.
Crypto-friendly banks
The first type of crypto bank is the simplest imaginable: a traditional bank that tolerates and gives no trouble to those operating in crypto markets.
This is by no means a given, because, instead, there are many traditional banks that are hostile toward customers who also operate in crypto markets.
To be truly crypto-friendly, a bank must explicitly accept that its customers can freely trade in crypto markets.
In this case, the benchmark example is PayPal.
While PayPal is not a traditional bank, it is still an institution that holds banking licenses and until recently did not appear to be crypto-friendly.
Indeed, it explicitly prohibited its customers from trading in crypto markets using th
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