After shunning cryptoccurrency for the better part of eight years, traditional financiers have begun to pivot toward the alternative asset class. While the old adage, if you can’t beat ’em, join ’em, aptly applies, something much more profound is at stake. And the banks know it. Wall Street Heavyweights Can’t Ignore Bitcoin Anymore Trading bitcoin was anathema to the major banks just a few years ago. After all, the cryptocurrency was a major disintermediation channel that allowed consumers to escape the grips of traditional finance. However, following years of bad press, bitcoin and its altcoin competitors are reshaping the financial industry. That’s […]
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