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American banks are cautiously entering the crypt - Reuters
✧ The largest U.S. banks are discussing entering the cryptocurrency sphere - through pilot projects, partnerships and limited trade.
✧ Charles Schwab Corporation is preparing the launch of spot trading in crypto, Bank of America - considering the launch of a stablecoin, Morgan Stanley - wants to become an intermediary in crypto deals.
✧ But no one wants to be the first - they are waiting for a successful example to follow.
The main obstacles:
- Insufficient clarity on AML rules.
- Lack of uniform standards for banks and crypto markets.
- Donald Trump’s crypt task force does not include banking regulators.