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The number of Сrypto Bank customers increased by 10% in five days

After crypto banks were equated with traditional financial institutions in the US, the number of Сrypto Bank customers grew by 10.5% in less than a week. Experts explain the sharp increase in the client base of crypto banks by the decision of the US Federal Reserve System, which increased the trust and loyalty of potential users.

Earlier this week, the Fed unveiled new rules to oversee the banking industry, under which institutions offering new types of financial products can be granted master accounts, a key financial status that allows them to make direct payments, including access to the Fed’s reserves. Also, thanks to the decision taken, crypto banks will be able to go through the licensing and registration procedure faster — directly with the Fed, and not through individual intermediaries.

The long-awaited decision of the FRS indicates the exit of the cryptocurrency sphere to a fundamentally new evolutionary level.

Cryptobank is a hybrid financial institution where settlements and transactions take place not only with fiat money, but also with cryptocurrency. All calculations here are carried out on the basis of a decentralized system.

Сrypto Bank is not only one of the easiest and safest ways to buy, exchange and manage cryptocurrency and other digital assets, but also offers its customers a wide range of services:

The Сrypto Bank app is available exclusively on iOS.