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Should banks treat crypto like any other asset?

Authors :
Brooks, Brian
Hoenig, Thomas
Source :
American Banker Magazine; Jun2021, Vol. 131 Issue 5, p4-38, 3p
Publication Year :
2021

Abstract

Banks handle checkingaccounts and mortgage loans and derivatives differently,so it follows that banks using stablecoins for paymentswill treat them differently not only from crypto lendingproducts, but also from their traditional-financecounterparts. Bankers' mystification about cryptocurrency as afinancial category is well, mystifying in light of theway banks have adapted to and even advocated forother game-changing technologies in the past. [Extracted from the article]

Details

Language :
English
ISSN :
21623198
Volume :
131
Issue :
5
Database :
Complementary Index
Journal :
American Banker Magazine
Publication Type :
Periodical
Accession number :
151059324