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BTC

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US banks carefully walk to the crypto, waiting for more clear green lights


Large US banks have started internal discussions on the expansion of crypto assets, getting clearer signals from regulators. However, their first steps will be careful, focusing on pilot programs, cooperation and limited trading. Whether the White House and Financial Regulators show a more open approach, large banks do not want to be the first to fear changing regulations. JPMorgan Chase Manager Jamie Diamond, for example, stated that they will not keep crypto assets for customers, and even if the rules of mitigation, their involvement in the crypto sphere will be limited.

At the same time, banks are trying to understand their chances in the crypto market. These are discussing the use of crypto assets in the use of crypto assets, and even united stable currency. Despite some progress, banks are waiting for more clear rules, especially in the laundering and control of countermeasures, Reuters transmits to the Krpypto business.

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