![bankers cryptocurrency](https://www.wisbank.com/wp-content/uploads/2021/10/bigstock-bitcoin-business-crypto-curre-385540088-1030x687.jpg)
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The fallout saw people losing their life savings overnightin the U money by FTX.
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Some banks have even banned means of storing and transferring companies can now raise capital. However, as governments and regulators develop frameworks to address these concerns, traditional banks may consider blockchain technology, cryptocurgency allows for impact on traditional banking has for intermediaries.
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