Definition ∞ Traditional banking services encompass a broad array of financial provisions offered by regulated institutions. These provisions include deposit accounts, lending facilities, payment processing, and asset custody. Within the digital asset landscape, these services frequently serve as critical fiat on-ramps and off-ramps, enabling the conversion between conventional currencies and cryptocurrencies. They also provide institutional-grade custody solutions for digital assets, addressing security and regulatory compliance needs for large-scale investors.
Context ∞ The interaction between traditional banking services and the digital asset sector remains a central point of discussion. Regulatory clarity for banks engaging with crypto assets is still evolving across jurisdictions, influencing the scope and availability of these services. Future developments include the potential for central bank digital currencies to reshape payment systems and the ongoing debate regarding the integration of decentralized finance protocols with conventional financial infrastructure.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
