Bank of America CEO Brian Moynihan believes that the US banking industry will have to adapt to accommodate crypto payments if regulations progress. Meanwhile, crypto exchange Kraken has launched a new payments platform called Kraken Pay, which allows customers to transfer assets directly from their exchange accounts. The platform supports over 300 fiat currencies and crypto tokens and aims to eliminate barriers such as slow payments and high fees. Other players in the payments space, including Venmo and Ripple, are also exploring crypto integration. With more favorable regulations and growing investor interest, the crypto payments sector may see significant growth in the coming years.



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