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Minnesota banks compete with Wall Street for crypto
CoinDesk·
Minnesota's local banks are stepping up to compete with Wall Street's aggressive expansion into the cryptocurrency sector. A local banker emphasized that financial institutions in the state cannot afford to be passive observers as larger players increasingly engage with digital assets. This move signals a growing recognition of crypto's potential revenue streams and a desire for community banks to capture a share of this burgeoning market, fostering local innovation and competition within the financial landscape.
Tags
fintech
crypto
regulation
Original Source
CoinDesk — coindesk.com