Cautious Outlook on Crypto from US Bankers Amid Regulatory Changes

Reported 3 days ago

At the Reuters NEXT conference, US bankers expressed caution regarding cryptocurrencies, even with anticipated regulatory easing under President-elect Donald Trump. Despite his push for a friendlier crypto environment and the appointment of pro-crypto figures, bank executives emphasized the need for a robust regulatory framework before engaging more significantly in digital assets. While some banks are beginning to offer cryptocurrency services, overall interest and demand from clients remain limited, making a rapid shift into the crypto market unlikely.

Source: YAHOO

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