Quote from: Princejebs on December 10, 2020, 08:07:25 PM

Just like kraken exchange that was licensed to operate banking activities. More crypto banks will emerge as time goes on and as soon as banks see opportunities in this field, they will adjust because the competition will be real. They wouldn't want to loose customers just the way they lost investors to bitcoin.
The website you mentioned above, hope it's not a custodial staking platform, I will advise you to think properly before you delegate your funds to any one.

Kraken is one of the few exchanges which have such a license. However, this means that Kraken in the distant future can act both as a bank, and as a cryptocurrency exchange. Other cryptocurrency exchanges should also look in to this option, in order to avoid their dependency with the major banks. A lot many times, users face difficulty due to issues created by the banks. If the cryptocurrency exchanges are able to do banking services, then this issue can be resolved.