Crypto, US Banking Forging Ties Under Trump Policies

President Donald Trump’s efforts to make America the world’s cryptocurrency superpower has crypto companies racing to secure traditional banking status in America, creating financial handshakes between adversarial institutions.

Among the companies seeking to capitalize on Trump’s crypto-friendly regulatory environment are Ripple, Circle, BitGo, and Kraken, The Financial Times reported.

“It’s a natural convergence,” Kraken co-CEO Arjun Sethi told the Times, noting plans to launch debit and credit cards along with its crypto exchange platform.

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