The exchange intends to introduce Abra International by late 2022 and Abra Bank sometime in 2023.
The California-based cryptocurrency exchange Abra plans to form two financial institutions, called Abra Bank and Abra International.
“We believe that for Abra, this is a defining moment that brings us closer to our mission to make financial independence and well-being accessible to everyone, everywhere,” the firm said. “Abra believes that the best way to become the default Web 3 wallet and crypto bank for everyone is by embracing a global regulatory framework that provides for transparency, oversight, security, and agency,” the trading venue stated.
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