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Hey everyone,
Just read something pretty interesting. A bunch of big banks in North America and Europe have gone pretty deep into crypto! They’ve put in a whopping $10.27 billion into various cryptocurrencies, according to this report from the Basel Committee on Banking Supervision (BCBS).
It’s not just Bitcoin and Ethereum, though they are a big part of the investment. These banks are also putting money into other cryptos like Polkadot, Cardano, Solana, Litecoin, and Stellar Lumens. And guess what? Stablecoins and tokenized assets are also part of the game.
What’s really catching eyes is Banco Santander starting Bitcoin and Ethereum transactions in Switzerland. It’s like traditional banks are really starting to take crypto seriously now.
So, what do you all think this means for the future of crypto? Are we seeing a new trend here with traditional banks? How do you think this is gonna change things for us regular investors?
Would love to hear your thoughts!
Catch you in the discussion,
Admin