Second-Largest US Financial institution Says Crypto Is Too Huge to Ignore

This episode is sponsored by NYDIG.

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On at this time’s episode, NLW covers a few of the matters he’s missed all through the week, together with:

  • A brand new report from Financial institution of America that calls digital property “too huge to disregard”
  • US Financial institution custodying crypto by way of NYDIG
  • An underperforming jobs report
  • Bitcoin futures ETF hypothesis hits fever pitch
  • Chainalysis report on world adoption
  • BitGo sees rising company curiosity
  • The Federal Reserve says it’s going to begin researching a CBDC

See additionally: Morgan Stanley Silvergate Report Sends Crypto-Pleasant Financial institution Up 7%

“The Breakdown” is written, produced by and options NLW, with enhancing by Rob Mitchell and extra manufacturing assist by Eleanor Pahl. Adam B. Levine is our govt producer and our theme music is “Countdown” by Neon Seaside. The music you heard at this time behind our sponsor is “Solely in Time” by Abloom. Picture credit score: Andriy Onufriyenko/Second/Getty Photos, modified by CoinDesk.

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