Many banks are willing to work in this arena, except they will not just do business with any exchange that just comes along. You have to bring a strong compliance program, once that is pragmatic and not theoretical, a great introducer and a solid business plan for the money the bank will take on the risk they take on […]
Why is it so easy for some companies like Coinbase to deal with both fiat and crypto when it’s virtually impossible for others?
It is not that difficult if you know whom to contact and what it entails. Getting access to the fiat rails (on/off ramp) from your crypto exchange (for example) requires you to run a marathon. 26 miles (proverbial example, with each mile being a milestone). Many are not prepared to run the distance (it takes […]