Big news for cryptocurrency! Banks are now allowed to help people store and manage their digital money (like Bitcoin) more safely. This is a big step because banks are used to handling money safely and following the rules.
- Banks can now store cryptocurrencies for customers.
- They can also help with special cryptocurrencies called stablecoins.
- This makes using cryptocurrency easier and safer for everyone.
Thing | Info |
---|---|
What happened? | Banks can now help with crypto! |
Why is this important? | It makes crypto safer and easier to use. |
Who is happy? | Banks, investors, and people who use cryptocurrency. |