SlippiHUD Creator

Locksmith

Melee Enjoyer

P+ Enthusiast

  • 0 Posts
  • 6 Comments
Joined 2 months ago
cake
Cake day: April 23rd, 2026

help-circle




  • The small banks are arguing that allowing Crypto Exchanges to act as banks who can give out digital currency as rewards that they’ll be deprived of the deposits/customers they’ll need to give out local loans, which the exchanges seem unlikely to continue, considering the international nature of online bussiness.

    And without those local loans, small farmers and bussinesses will likely be deprived access to capital. Resulting in bad outcomes for everyone.

    “ICBA president Rebeca Romero Rainey is quick to point out that community banks fund more than 60% of all small business loans, and 80% of agricultural loans, across the US.”