Reads bullish. They understand the implications of Bitcoin and cryptos in general.

The report is wide-ranging, and cryptos are merely one of 11 items of discussion. For their taxonomy, they grouped cryptocurrencies with mobile single-centralized payments such as M-Pesa, under the banner of 'Decentralized and Non-Traditional Payment Schemes'. Summary slide:



My interpretation of their summary: Bitcoin gonna bring the hurt to staid incumbent financial biz.