Top 15 Largest US Banks Enter Bitcoin: From Pilots to Full-Fledged Services
The largest US banks are officially entering the digital asset market: 15 of the country's leading financial institutions have already launched, are testing, or are preparing to launch Bitcoin-related services. This is one of the biggest steps by the traditional banking sector towards integrating cryptocurrencies.
Some products are aimed only at the HNW Clients Only category — wealthy and institutional clients for whom banks create custom investment solutions and dedicated service lines. However, the trend is obvious: interest in BTC is becoming systemic.
The reasons for this turnaround are rooted in the changing perception of Bitcoin: increasingly, banks, funds and government agencies view it not as a speculative instrument, but as a reliable and legal asset with high profitability potential and the ability to diversify portfolios.
Experts note that the involvement of the top 15 US banks has a long-term impact on the market: institutional trust is growing, and the crypto industry itself is gaining a new level of legitimacy. For clients, this opens access to bitcoin in the familiar infrastructure of large financial institutions, without the need to work with external crypto exchanges.
Thus, the US is taking another step towards recognizing Bitcoin as a full-fledged part of the global financial system.
Source: cryptonews.net
