Post
Topic
Board Bitcoin Discussion
Re: Banks to start trading crypto sooner
by
jake zyrus
on 18/11/2018, 09:43:46 UTC
Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html


Soon, they will release their own coin to compete in the crypto market but I don't think it will be any different with other existing coins. But this new competition can benefit the industry as it can attract new investors and create a new demand in the market. This can help the cryptocurrency grow more and get closer to the public since banks has a reputation in the society. This revolution in technology is just a start of blockchain innovation.