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But with cryptocurrency being used more these days, bankers will face new challenges and need to rely more heavily on regulators for guidance, if they decide to go down this path. Cryptocurrencies should face more regulation, according to the bank for international settlements' agustin carstens. Others only put blocks on credit card purchases, but still allow debit cards and interac online. When you transition to cryptocurrency, you are essentially leaving the banks in the dust. The jury is still out on cryptocurrency.
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The bigger risk for banks is not providing.
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