Top U.S. banks are rapidly embracing Bitcoin.
Cointelegraph reported on Jan. 27, citing a statement from Bitcoin financial services firm River, that 60 percent of 25 major U.S. banks have started or plan Bitcoin-related services.
Coinbase CEO Brian Armstrong (브라이언 암스트롱) said after attending the World Economic Forum in Davos that most bank CEOs he met were friendly toward cryptocurrencies. He said one global bank CEO said cryptocurrencies were a top priority. Bloomberg reported UBS is reviewing Bitcoin and Ethereum trading for wealthy clients.
JPMorgan is considering introducing cryptocurrency trading, and Wells Fargo is providing Bitcoin loan services for institutional clients. Citigroup is also preparing an institutional cryptocurrency custody service. Bank of America, the No. 2 U.S. bank, has not disclosed plans for Bitcoin services, and Capital One and Truist Bank are also showing no interest in the cryptocurrency market.
Chi-gyu Hwang
delight@d-today.co.kr