A cryptocurrency company has received approval from the Federal Deposit Insurance Corporation (FDIC) to acquire a bank!
🚨 LevelField has just received conditional approval to acquire Burling Bank, becoming the first bank in the United States to fully integrate cryptocurrency services within its FDIC insurance framework.
The new bank will operate 24 hours a day, offering:
– Bitcoin collateral loans
– Bitcoin rewards cards
– Digital asset trading and custody
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