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cryptocurrency

Can Crypto Match the Internet and Hit 5B Users?

A 2023 Cornerstone Advisors report stated that 56% of checking account holders are active mobile banking users. Only 76% of the global population has a bank account.

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Crypto Problems An Opportunity For CUs?

Cornerstone Advisors President Steve Williams contends what has led to many of the cryptocurrency platform failures is poor governance within those organizations.

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5 things to know about crypto today

“If the bank doesn’t have an investment arm, then getting into cryptocurrency is probably not the place to start,” says Chris Miller, director in the channels practice at Cornerstone Advisors. “But if the bank already has a wealth advisory division that handles investments, then it’s more feasible to offer cryptocurrency.”

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Three Keys To Successfully Offering Cryptocurrency Products

A 2021 survey by Cornerstone Advisors found that 81% of community banks and 77% of credit unions had no desire to offer cryptocurrency investing services to their customers, with only 1% of smaller banks and 3% of credit unions expressing strong interest.

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