Binance Launches Crypto-as-a-Service to Facilitate Entry for Traditional Financial Institutions

Binance has introduced a new service called Crypto-as-a-Service (CaaS) designed to assist traditional financial institutions, such as banks and brokers, in entering the cryptocurrency market. This initiative allows these institutions to utilize Binance's infrastructure, enabling them to offer crypto services under their own brand while reducing the need for extensive technological development. This move is expected to enhance the adoption of digital currencies in mainstream finance.