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How Banks and TradFi Want to Be the Custodians of Crypto (and Why It Might Not Work)

Reading Time: 3 min As traditional financial institutions aim to become the primary custodians of crypto assets, they face significant challenges that may prevent them from succeeding. The decentralized finance (DeFi) ecosystem’s complexity and the fundamental differences between traditional finance and crypto create barriers that might render this ambition unworkable. This article explores why banks’ efforts to manage crypto custody could be unnecessary and potentially doomed to fail, highlighting the unique aspects of DeFi that resist integration with traditional custodial models.

Cryptocurrency Fundementals

Cryptocurrencies: Advantages, Risks, and the Future

Reading Time: 5 min Cryptocurrencies have become increasingly popular in recent years, offering a range of advantages over traditional currencies and payment systems. However, they also come with several risks and criticisms, including volatility, vulnerability to hacking and fraud, and association with illegal activities. Despite these challenges, the future of cryptocurrencies looks bright, with the technology behind them constantly evolving and improving. This article explores the advantages and risks of cryptocurrencies and discusses their future potential in the world of finance and technology.

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