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Fifth Third Bancorp, a US financial institution, plans to increase its crypto asset layout

Fifth Third Bancorp, a US financial institution, plans to increase its crypto asset layout

CointimeCointime2025/05/16 20:55
By:Cointime

 the financial institution Fifth Third Bancorp, headquartered in Nashville, Tennessee, USA, began collaborating with cryptocurrency companies about five years ago, but did not make any significant investments until the regulatory environment became clearer. According to its Chief Strategy Officer Ben Hoffman, after establishing a small group of cryptocurrency clients who use the bank's deposit accounts and payment capabilities, the institution is considering how to further expand its cryptocurrency business.

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