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The largest fintech giant is entering the crypto services market
Klarna, one of the biggest fintech companies in the world, has finally decided to enter the crypto service market. The company’s CEO, Sebastian Siemiatkowski, had previously expressed concerns about the risks associated with cryptocurrency investments, stating that he finds them “very promising” but also “very dangerous”.
Siemiatkowski had urged the crypto community for help in finding the best strategy for integrating cryptocurrencies into their existing platform. Experts have suggested using stablecoins to speed up transactions and incorporating digital wallets to enable direct cryptocurrency payments, which would provide greater flexibility for users.
The CEO has promised to keep customers informed about the introduction of new services. It’s worth noting that one of Klarna’s competitors, Affirm, previously attempted to enter the crypto market in 2021 but ultimately discontinued its program due to downsizing efforts.
In recent years, more and more large corporations have entered the cryptocurrency sector, which may have prompted Klarna to reevaluate their stance on the matter. It remains to be seen what strategy they will adopt and how it will impact their existing services.
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Source: http://www.bitcoinbazis.hu
