The emergence of neobanks is bridging the gap between traditional banking and the world of cryptocurrency, offering a seamless experience for users to interchangeably use fiat and crypto services. Unlike traditional banking apps, neobanks provide a holistic approach by integrating Web3-specific services, simplifying the onboarding process for new users, and ensuring compliance with both crypto and traditional finance regulations. This evolution in financial services aims to make using cryptocurrency less daunting for the average investor.
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