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Huge News for Anybody With a Bank Account

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profittrends.com

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profittrends@mb.profittrends.com

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Thu, Sep 16, 2021 06:35 PM

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Banks are starting to allow customers to purchase Bitcoin directly from their checking accounts. SPO

Banks are starting to allow customers to purchase Bitcoin directly from their checking accounts. [Profit Trends]( SPONSORED [Why This $2 "Next Gen Crypto" Could Be Bigger Than Bitcoin]( [EKCoin]( The Wall Street Journal Calls It the "Latest Cryptocurrency to Surge." [Here's Why It Could Be Bigger Than Bitcoin.]( Editor's Note: Have you seen what's going on in the cryptocurrency market? The action has been crazy recently. And the team over at Manward Press has been watching it like a hawk. That's why we've asked Andy Snyder, Manward's founder and crypto expert, to share his thoughts on what's really happening. And if you own Bitcoin... or are even thinking about buying Bitcoin... then you've got to see [this](. Andy's got his thumb on the hottest crypto plays right now that have the potential to be bigger than Bitcoin. [Get the details here.]( - Kaitlyn Hopkins, Assistant Managing Editor --------------------------------------------------------------- [TECH INVESTING]( The Real Crypto Revolution Is Here! Andy Snyder | Founder | Manward Press [Andy Snyder] Crypto is having its moment... again. The money world is celebrating the recent news from El Salvador. [The country now recognizes Bitcoin as real money](... good everywhere sales are made. That's big. But it's not the biggest story. The [real revolution is happening]( right here at home. And it's huge. All year, I've been telling my readers to watch for a major shift in the way [digital money is traded and owned](. Historically, it's been an odd practice. Some coins are traded here... Others can be had only there. You might need a digital wallet... or maybe not. I've said that if crypto were to go mainstream, that complexity would need to be fixed. And whoever leads the charge will get rich. That day is here. Cashing In It's not getting much press, but the folks behind family-owned Vast Bank just did something big. They unveiled a program that allows the bank's customers to [purchase crypto]( directly from their checking accounts - which are insured by the Federal Deposit Insurance Corporation (FDIC). It means the market is opening to an entirely new crowd... the huge crowd of folks who are interested in crypto but aren't so sure about the technological hoops. Straight from the CEO of Vast Bank, Brad Scrivner... There's lots of different customers out there that may want to control everything and have their own wallet, their own passcodes, and then there are those who are crypto curious and may prefer to work with a bank or an intermediary, just because they don't quite understand. SPONSORED [The Best 5G Stock to Buy Under $20]( [3D render CPU Technology]( With stocks hitting all-time highs virtually every day, it's hard to find a good bargain. But this 5G stock is an exception. Its shares trade for less than $20, and it's locked in partnerships with ALL the major telecoms. That's why you need to get in NOW - before it's all over the mainstream press. [Details here...]( Curious? There are two reasons this move represents the start of the next generation of [crypto investing](. The first is the most obvious. Some 60% of folks surveyed said they are interested in the concept of digital money and the idea of decentralized finance. But, again, many are too timid to get in. As Vast leads the way for more banks to make such offerings, those barriers will crumble. The 60% will have their chance... and their experiences will likely attract the other 40%. Bigger yet is the regulatory side of all this. Banks, as you know, have a lot of keepers. There's an alphabet soup of regulators that supposedly keep the industry from going off the rails. There's the FDIC, FRS, OTS, SEC and OCC, to name just a few. Scrivner and his bank went toe-to-toe with at least two of them - the Office of the Comptroller of the Currency and [the Federal Reserve](. I've bitten my tongue as I've said it several times before... but in order for crypto to go mainstream it's going to have to get at least a wink and a nod from the regulators. In this case, Vast Bank got even more than that. It got full-on approval. That's critical. It [brings crypto close enough to the regulatory space]( that it gains some familiarity but not so close that it breeds contempt. Who's Making Money My first question upon learning the news was this: Who else is behind it? After all, Vast Bank is simply the front for the activity. It hosts the accounts. Somebody else must be making the transactions. With a bit of digging, I found out Coinbase (Nasdaq: [COIN]( and SAP (NYSE: [SAP]( are the folks working behind the scenes. Coinbase is providing the market with data feeds and order routing. SAP is providing all the [critical digital connections]( between the bank, its customers and the crypto market. It's proof that the industry is not only coming together but also maturing in a very healthy way. Coinbase is no longer a half-cocked way to speculate on the price of digital money. It is now working to form the [backbone of the digital economy](. This is big news. More banks will offer similar services by the end of the year. They have to. Customers are demanding it. We're watching the next generation of this opportunity unfold. Be well, Andy P.S. To learn more about how to play this opportunity, including details on the $2 crypto I just put my thumb on, [click here](. [Leave a Comment]( MORE FROM PROFIT TRENDS [Why Investors Should Steer Clear of Coal and Natural Gas]( [Looking Beyond "Bitcoin Day"]( [Bonds or Stocks: Which Are Safer in the Short Term?]( [Facebook]( [Facebook]( [Twitter]( [Twitter]( [Email Share](mailto:?subject=A%20great%20piece%20from%20Profit%20Trends...&body=From%20Profit%20Trends:%0D%0A%0D%0ABanks%20are%20starting%20to%20allow%20customers%20to%20purchase%20Bitcoin%20directly%20from%20their%20checking%20accounts.%0D%0A%0D [Email Share](mailto:?subject=A%20great%20piece%20from%20Profit%20Trends...&body=From%20Profit%20Trends:%0D%0A%0D%0ABanks%20are%20starting%20to%20allow%20customers%20to%20purchase%20Bitcoin%20directly%20from%20their%20checking%20accounts.%0D%0A%0D SPONSORED [This ONE Weekly Trade Is on Fire]( [Watch This Video TPU 85]( Former CBOE trader dishes the secret to his [83% win rate]( And now he's GUARANTEEING he beats it! [You have to watch this.]( [The Oxford Club] You are receiving this email because you subscribed to Profit Trends. Profit Trends is published by The Oxford Club. Ready to start investing? [Click here now.]( Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. [Privacy Policy]( | [Whitelist Profit Trends]( | [Unsubscribe]( © 2021 The Oxford Club, LLC All Rights Reserved The Oxford Club | [105 West Monument Street](#) | [Baltimore, MD 21201](#) North America: [1.800.589.3430](#) | International: [+1.443.353.4334](#) | Fax: [1.410.329.1923](#) [Oxfordclub.com]( The Oxford Club is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that although our track record is highly rated by an independent analysis and has been legally reviewed, investment markets have inherent risks and there can be no guarantee of future profits. The stated returns may also include option trades. We expressly forbid our writers from having a financial interest in their own securities recommendations to readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of printed-only publications prior to following an initial recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, 105 W. Monument Street, Baltimore MD 21201.

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