Strategy CEO Says Global Systemically Important Banks to Enter Bitcoin Services Within a Year
JH Kim
Summary
- Strategy CEO Phong Le said global systemically important banks will enter Bitcoin-related services within the next year.
- He expects global systemically important banks to begin offering Bitcoin-related services over the coming year.
- Le did not specify the form of individual banks' Bitcoin services or their launch timelines.
Forecast Trend Report by Period
Strategy CEO Phong Le said global systemically important banks will enter Bitcoin-related services within the next year.
Bitcoin Magazine reported on September 18 that Le expects global systemically important banks to begin offering Bitcoin-related services over the coming year.
Global systemically important banks are major lenders designated by the Financial Stability Board because of their broad impact on the international financial system and the additional regulations they face.
Le did not specify what form those Bitcoin services would take or when individual banks might launch them.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.