Do you hear something? This is the sound of a centuries old industry adapting to the new status quo.
Remember. There will be:
> crypto enabled businesses (tradfi/psps adopting crypto)
> crypto first businesses (coinbase)
> crypto native businesses (aave)
All of them are welcome and bring important value to the end user. They will compete, adapt, change and at the end the best will win in this endless dance between capitalism and innovation.
The policy would mark a big shift for the bank's chief executive Jamie Dimon, who eight years ago branded bitcoin a 'fraud'.
3.1K
4
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.