**Crypto Banking: A New Frontier for Traditional Banks**

Banks are increasingly drawn to digital assets, but the journey isn't easy. At the Ripple Swell event in Miami, Lead Bank's co-founder Erica Khalili highlighted the significant investment and regulatory challenges involved in crypto banking.

Key Points:

- **Regulatory Strategy**: Banks need a clear strategy to navigate regulations. Khalili emphasized the importance of regulatory clarity and collaboration.

- **Three-Pronged Approach**: Lead Bank focuses on education, showcasing real-life use cases, and maintaining patience as regulations evolve.

- **Investment Required**: Success in crypto banking demands deep knowledge, investment in technology, and a dedicated team.

Khalili's insights underscore that while the potential is vast, banks must be prepared for a substantial commitment to thrive in the crypto sector.