What crypto needs to fix to become the currency of the future

Stocks in Translation

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3M ago 24:25

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If crypto is ever going to be widely adopted, it needs a makeover.

In this episode of Stocks in Translation, Markets and Data Editor Jared Blikre and Producer Sydnee Fried are joined by Keith Bliss, founder and CEO of Blox, a crypto brokerage firm.

Today's focus is the crypto world and its major roadblock: debanking—also the word of the day. As Blikre explains, debanking is the act of denying or revoking banking services to an individual, business, or entire industry.

Debanking primarily affects cash-handling businesses and those involved in digital assets, such as cryptocurrencies.

“Debanking is real. It needs to stop,” Bliss asserts. “The only way that new technologies and innovation will be allowed to flourish is if the banks are allowed to provide service, uh, to those companies.”

Find this episode's transcripts and more episodes of Stocks in Translation at https://finance.yahoo.com/videos/series/stocks-in-translation/

Thoughts? Questions? Fan mail? Email us at [email protected].

Yahoo Finance's Stocks in Translation is hosted by Jared Blikre and Sydnee Fried, and produced by John Tejada.

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