Digital values of financial report
Article

Cryptocurrency, the risk banks already have

Senior manager Russell Sommers was published in the October 2021 Bank Director newsletter. Sommers writes about financial institutions involvement with cryptocurrency, including coins, wallets, exchanges and applications.

The article discusses the intersection between banks and the cryptocurrency marketplace. With a quickly growing consumer base, there are more tools to help banks with this evolving market, and organizations must think about their crypto exposure as financial regulators and government officials are working to ensure consumer safety.

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