Big Banking in Crypto U-Turn
Barclays
Jes Staley (pictured above), CEO at Barclays, hasn’t taken sides just as yet. He recently said that the innovation as such was fascinating, but the murky regulatory situation by contrast was not to his liking. Barclays to a certain extent is open for cryptocurrencies and has opened a business account for the transaction platform Coinbase.
A team of experts is probing the opportunities arising from the fledgling asset class. The bank is looking into the option of a desk for digital assets, integrated into the classic sales and trading system.
Fidelity Investments
Fidelity CEO Abigail Johnson (pictured above) is a known supporter of bitcoin. The asset manager has started bitcoin and ethereum mining. The main purpose of those activities is to better master the technology and market forces.
Retail clients can see their crypto assets online and staff can pay in bitcoin in some of the company’s cafés.
- << Back
- Page 4 of 4
