Seventy-five percent of cryptocurrency hedge funds struggle to access banking services

According to a survey conducted by the Alternative Investment Management Association (AIMA), 75% of cryptocurrency hedge funds face significant banking access issues. Out of 160 funds, 120 reported difficulties, indicating systemic discrimination in the banking sector.

Industry experts believe that a more crypto-friendly administration could address these banking challenges. With a shift in governance, like under President Donald Trump, there’s cautious Optimism for improved policies regarding banking access for cryptocurrency funds.