A more bankless society is on the horizon — and it's a good thing
A more bankless society is on the horizon, where self-custody and innovative technologies grant individuals greater control and efficiency. Gnosis Pay's VISA debit cards, linked to a self-custodial wallet, not to a bank deposit, is the latest case in point, showcasing a move toward more independence from traditional banks and bank deposits. The banking industry, led by giants like JP Morgan, is at a crossroads, facing the dawn of the web3 era. While JP Morgan's recent exploration of deposit tokens represents a nod to the future, it predominantly aims to cement the status quo, preserving the he...