Banking Startup LevelField Goals to Develop into First FDIC-Insured Establishment to Provide Crypto Providers

by Jeremy

Though LevelField might turn into the primary FDIC-insured financial institution to supply crypto companies, that doesn’t imply the financial institution will essentially provide a safer method to put money into unstable digital property. FDIC insurance coverage protects financial institution depositors towards losses of as much as $250,000 in case of a financial institution failure, however cryptocurrencies are an asset class that continues to be uninsured by the FDIC.

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