Why Crypto Firms Are Lining Up to Charter Banks
Jul 09, 2025•34 min•Season 6Ep. 23
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Episode description
Crypto firms often pitch themselves as an alternative to and the future of traditional finance. So why are firms like Ripple, Circle, Wise and Erebor attempting to charter banks? Penny Crosman, executive editor for technology at American Banker, talks about what's going on, how regulators will view these applications, and whether banks plan to fight back.
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