Chasing Crypto: Big Banks and US Crypto Market

Deutsche Bank and Standard Chartered are currently looking into options to grow their presence in the United States, according to information from the Wall Street Journal that cites a source familiar with the situation. Their revived interest emerges as conventional financial institutions begin to return to the cryptocurrency sector after distancing themselves following the FTX collapse and the closure of two banks that were supportive of crypto, alongside President Donald Trump’s commitment to transforming America into a crypto-friendly nation.