Banking Summary
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Michael Saylor is advocating for nations to establish Bitcoin banks, emphasizing the potential benefits of integrating cryptocurrencies into national banking systems. Meanwhile, Indian markets are navigating macroeconomic pressures and global uncertainties, with a weakening rupee offset by a US Federal Reserve rate cut and optimism surrounding India-US trade talks.
In a separate development, Esusu, a company that provides a rent reporting API to help renters build credit scores, has successfully raised $50 million in a Series C funding round, achieving a valuation of $1.2 billion, according to CNBC.