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The Big Banks Positioned to Ride Bitcoin’s Bull Run

From fxpro.news

Banks may have been looking closely at digital assets for some time now, but have been skittish about saying anything in public. Now they appear to be joining a general shift towards crypto in the latter half of 2020 that has included payments giant PayPal (PYPL) and hedge fund mavens including Paul Tudor Jones and Stanley Druckenmiller. Starting with technologically advanced Switzerland and Singapore, where some of the first big moves are happening, the industry is seeing a growing list of lenders leaning towards crypto. DBS Bank of Singapore recently announced its crypto trading and custody platform (which is ... (full story)

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  • Category: Fundamental Analysis