Crypto Banks vs.Traditional Banks
Aug 17, 2022•18 min•Ep. 7
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Episode description
Watch this week's episode of Unlocking the Decentralized podcast as Host Abhi Soomaney discusses how crypto exchanges like Coinbase and Binance act as competitors to traditional banks. Abhi also highlights the topics of interest rates, exchanges' compliance with the SEC regulations and other reporting, lending rates, and fixed percentages that CB charges banks when making transactions. He also answers the questions about what a crypto bank does and how it makes money, is there fraud protection, and How safe is the investors' money when they deposit or transact using Crypto Bank?
Story Notes
- Crypto Bank
- Will Exchanges Have to Comply With SEC Regulations and Other Reporting’s?
- Crypto Bank VS Traditional Bank
- How Safe Is the Investors Money When They Deposit or Transact Using Crypto Bank?
- Cryptocurrency Interest Rates
- What is the Lending rate?
- What is the Exchange House
- Will This Be Like a Global Bank With Multiple Branches Set Up in Various Countries?
- Advantages of Having a Crypto Bank
Learn more at https://cryptotax.co.in/
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