Building a Bank that is Friendly to Crypto by Andre Cronje

DeFi developer Andre Cronje has offered Curve Finance developer Michael Egorov early access to his unnamed payments infrastructure project. Cronje claims that card services will be available by the end of 2023 and that the project is working on a crypto-friendly bank too. However, the bank is unlikely to be available in the US given its strict regulatory stance on cryptocurrency. Several people have shown an interest in being part of the closed beta. Crypto-friendly banks have been hard to establish since the collapse of several banks working with the crypto industry in March. Among the companies suffering, Binance.US reported that it was searching for a new banking partner to help process its users’ deposit and withdrawal transactions.

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