Vast Bank, a family-owned and regional bank in Oklahoma is bringing cryptocurrencies to its customers through its new “Crypto Banking” service and this initiative might foreshadow the future of banks.
The bank said it is the first nationally chartered US bank to allow customers to buy, sell and hold cryptocurrency assets directly with their bank accounts.
The Tulsa-based company has been around since 1982 and has grown its assets over 300% in the last nine years from about $200 million assets in 2012 to $800 million in assets to date, Vast Bank CEO Brad Scrivner said in an interview with Blockworks.
