Which bank starts trading with cryptocurrency first?

in #bitcoin6 years ago


Financial institutions are racing about who first makes cryptomania trading possible. None of the leading financial institutions, however, officially declare this statement until it is 100% certain that it will allow trading with cryptomas. However, some of the top positions of leading people such as Goldman Sachs or Barclays, however, feel a significant change in attitude to cryptomas.

And this change may indicate that the arrival of cryptomeni among people may not be as far-fetched as it may seem at first glance. Blockchain experts are being taken to companies almost every day, and they can be one of the tools for Bitcoin and cryptomeni to get into people.
Goldman Sachs

On May 3, 2018, Goldman Sachs issued an official statement in which this financial institution was of the opinion that Bitcoin was not a fraud. In the same statement, however, Goldman Sachs has suggested that cryptographic trading may not be far away. Rana Yared, director of one of the Goldman Sachs divisions, said the bank was flooded with cryptome-related questions and requirements.

"We were intrigued by our clients saying they want to own Bitcoin or Bitcoin Futures because they think they are among the alternatives to preserve value (note the author of the value-one of the basic properties of money)."

Already in 2017, Goldman Sachs began to deal with the possibility of trading cryptomeni, but the final step is still pending. In January of that year, the bank denied this position, but Goldman Sachs seems to be approaching cryptomas.
Barclays

I do not even dream of this bank, but in the official opinion, any connection with the cryptomas rejects. CEO Barclays Jes Staley is very conscious of the fact that cryptomas carry a lot of worry, especially on the regulatory side, and perceives it as the biggest problem. On the other hand, cryptomeni addressed the following words:

"Cryptos are a real challenge for us, because they are innovation, on the one hand, and anyone who wants to stay in the forefront of the financial world has to respond to the crypts. On the other hand, digital currencies can be used for activities that our bank does not want and can not be linked to. "

Allegedly, however, the bank is trying to find out if the cryptome trading is viable.

"We are watching digital technologies closely and we will continue to be in dialogue with our customers about what their needs and intentions are in these markets."
Morgan Stanley

Another huge bank that is very often associated with cryptoscopes is Morgan Stanley. But the target of this bank is to be different, as Morgan Stanley is supposed to try to be the market first. There is a huge rivalry between Goldman Sachs and this bank, and it is no surprise that they are very fond of opening the crypt trade before Goldman Sachs succeeds. The first bank to succeed will not only present a huge praise and success from its clients, but also a lot of money.

Some sources say that Morgan Stanley uses all its resources to open cryptographic trading as soon as possible. One of the anonymous sources directly from the bank expressed the following:

"You can contend that things in this sphere are moving really fast. If I have to tell the truth, this is a shoulder-to-shoulder race. Everyone wants to win and get to cryptomas as soon as possible. Every. There is no bank, financial institution, fund, stock exchange or consulting firm. They all want to be in crypt. "
conclusion

Whoever gets to the market first will undoubtedly have great financial benefits, but he will surely enjoy enormous popularity. Institutional investors are looking for a safe alternative to trading cryptomas. And the very safe, regulated and well-known environment for investors could attract their attention.

Thank you very much for your support!

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I hope this bank cooperation will happen soon!
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