Two Thirds of World’s Largest Banks Are Crypto-Friendly

Based on the latest research conducted by CoinGecko, it has been found that approximately two-thirds of the 30 largest global banks, ranked by assets under management (AUM), have shown support for crypto trading. These banks facilitate crypto trading activities through regulated exchanges, ensuring compliance with relevant regulations.



Additionally, the report highlights that around 74% of the top 50 banks worldwide have also embraced crypto trading. These banks have established connections with regulated exchanges to enable their customers to participate in cryptocurrency trading.




“However, none support retail crypto trading or on-ramping from respective native platforms.”




It's not surprising that the top four banks with a negative stance towards cryptocurrencies are Chinese, given their management of assets worth $19.87 tri


First found on: https://coinatory.com/2023/07/31/half-of-worlds-banks-are-crypto-friendly/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP