SVB and Silvergate crashed, but these banks are still backing crypto. Did we miss any? Let us know!
Another crypto-friendly bank, Axos began offering its commercial banking clients access to TassatPay back in May 2022. TassatPay is a digital payments alternative on a private and permissioned blockchain-based platform that allows for around-the-clock real-time payment capabilities, approved by a primary bank regulator. It has processed over $400 billion in transactions to date.
Crypto-focused SEBA Bank said it has experienced a “pronounced uptick” in traffic on its website by visitors from the United States. The Swiss bank Sygnum is also a crypto-friendly bank with self-made claims of being “the world’s first digital asset bank.” Although, it has a policy not to take on clients from the U.S. due to unclear regulations.While this list of options available to crypto firms is not exhaustive, it highlights that there could still be a light at the end of the tunnel.
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