Regulatory clarity key for banks entering crypto, industry exec says

Lead Bank executive Erica Khalili talks about why now’s not an easy time in the digital banking sector. 

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Banks are beginning to see the appeal of digital technology and assets, but they may not be aware of the level of commitment needed to succeed.

This is not an easy time to be in the crypto banking sector, Lead Bank co-founder and chief legal and risk officer Erica Khalili said during a panel discussion at Ripple Swell in Miami, Florida.

Banking in the crypto sector requires significant investment and the ability to maintain a particular relationship with regulators, Khalili said.

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