The THREE reasons big banks won’t adopt crypto despite successful Bitcoin ETF rollout | City & Business | Finance

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But while trading is starting to capitalise on cryptocurrencies, banks are reluctant to dip their toes in the market.

They have several factors holding them back from transferring their approach from cautious to wholehearted embrace.

Financial Times associate editor Jonathan Guthrie outlined three reasons behind their reluctance to sign up.

Writing in the publication, he said legacy systems, regulation and a lack of “collective action” remain significant barriers.





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