Topic: Expert: Banks are Enthusiastic Towards Crypto, Waiting for Regulators to Invest - page 3. (Read 631 times)

They can’t do anything about cryptocurrency popularity that they won't have any other choice, but to recognise and adapt or the future of blockchain technology will turn them into pieces and backlash from investors will drag them into their graveyard.

Soon after the worldwide regulations, the banks will surely implement storage of cryptocurrency on their system. But no doubt bankers executives and investors are also involved in our market.

I have no doubt about the presence of certain wall street banks in this space as we speak, and they may have been here for years already.

Since when do wall street banks care about regulatory approvals to bank on emerging markets or other aspects of a market? Throughout the last decades they have done nothing but breaking the rules, where in some cases they just pay whatever the fine is as result of that. They don't care. It's 5x profit 1x fine, and they keep repeating that till they implode (whenever that may be).

If you take into consideration how unregulated this market still is, and how much profitability there is to feast on, banks are complete nutters to not invest and trade through proxies. By the time the media reports that banks are slowly entering the crypto space, know that they are on board already and that the increase is caused by dumb money buying the news.

There waiting for regulation for me is going to be futile if the ones not yet invested keep waiting for a regulation because it might take longer than expected. I'm sure that they are already investing but secretly and individually - I mean their personal or workers.

As always, they are just waiting for the maximum leverage they can get before entering. This is a common strategy of the banks, I must say, though some of them are already invested for sure, just not that highly publicized in order to not compromise their positions. Once regulations are in place and once more and more people are in the field, see how one by one these guys announce their involvement and 'pleasure' on investing in cryptocurrencies.

Every business finally looks after profits and subject that leads to profits. After crypto's success, turning investors towards crypto currencies, banks are lacking back of investors and profits. As improvement is deadly required in their platform and hence they look for other choice where unexpected return is piling up. Finally they had to plan ahead and draw the roadmap. Crypto currencies is leading the currency market and now the banks know where to move about and they started doing so. No surprise though.

Yeah,the banks are just waiting to pump the crypto bubble,take the big profits and dump it.While they dump the crypto bubble,they will blame all crypto users,the governments,the universe and God,but it will be their fault.
The bankster hypocrisy never ends...

Amazing. This was supposed to happen one day and even if this news is just coming out of the thin air then also it will be very much true after near future. Banks are operating with the full efficiency right now but banks will also explode one day because of too much economic stress on them and they will be requiring huge amount of third party supports to make them work even more efficiently. I guess this is the time when blockchain will be remembered profoundly and more and more crypto currencies will be used to fulfil the ever dragging situation of the financial system. This can only happen when they invest into the crypto currencies as the news said, this will surely go hand in hand one day.

I think banks have been heading to Crypto for a long time, but this is a good time for many big businesses to come to it. Because their prices are quite cheap compared to the current economy. I believe that the value of the future altcoins will grow further in 2020.

Expert: Banks are Enthusiastic Towards Crypto, Waiting for Regulators to Invest
According to Rebecca Harding, a financial journalist and the acclaimed author of “The Weaponization of Trade: the Great Unbalancing of policy and economics,” major financial institutions are waiting to invest in the crypto market.

Harding, who operates as the CEO of Coriolis Technologies, a trade technology company that provides services to major banks and corporations in the traditional finance sector, said in an interview with Forbes contributor Billy Bambrough that the vast majority of banks are healthily skeptical and curious about crypto.

She explained that banks have started to acknowledge the need to invest in the market to keep up with developments in the cryptocurrency and blockchain space, but are currently awaiting the green light from regulators and financial authorities.

Goldman Sachs, Citigroup, and Morgan Stanley on the Sidelines
As CCN reported, Goldman Sachs, Citigroup, and Morgan Stanley, three of the largest investment banks in the US, have already developed a wide range of products including a trusted custodian solution to serve institutional investors in the cryptocurrency market.

Morgan Stanley is said to have developed the infrastructure required to provide complex derivatives tied to Bitcoin, with the plans of launching Bitcoin swap trading as soon as the bank sees enough demand from institutions for crypto.

To remain relevant in the fintech space and connected to the cryptocurrency space, Harding said that banks are closely working with newly emerging fintech companies to study the cryptocurrency market and will soon allocate capital into the asset class.
https://www.ccn.com/expert-banks-are-enthusiastic-towards-crypto-waiting-for-regulators-to-invest/