crypto banking
Also found in: Dictionary.
crypto banking
Lending and borrowing cryptocurrencies. Crypto banking offers the same financial instruments as traditional banks such as borrowing and lending (depositing for interest). The difference is that all transactions are denominated in Bitcoin or some other crypto. As of late-2021, crypto banking is not regulated by governments, although they have a huge interest in doing so. See crypto glossary and cryptocurrency.Copyright © 1981-2025 by The Computer Language Company Inc. All Rights reserved. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction is strictly prohibited without permission from the publisher.
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.