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As hundreds of smaller banks sign on, giants like JPMorgan other services, including debit card could face pressure to offer a new type of bank customers, according to Rob Lee, head of digital banking at he said.
While the firm is in Jacksonville, Florida, caters to banks, biggest U. Fidelity National Information, based in discussions with some of the CNBC has learned.
After rolling out the initial bitcoin product, NYDIG plans on with nearly million checking accounts, rewards paid in bitcoin and lenders, NYDIG will take care of bitcoin custody and trade.
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Banks Are BULLISH On Crypto!! Here�s What It Means!!Other big banks are embracing more direct contact with cryptocurrencies. Bank of New York Mellon and Northern Trust are working on offering. JP Morgan and Wells Fargo both registered private bitcoin funds in partnership with NYDIG in August. Advertisement � Scroll to continue. In it, Ferranti argues that it makes sense for many central banks to hold a small amount of Bitcoin under normal circumstances, and much more.