Second-Largest US Bank Says Crypto Is Too Big to Ignore


This episode is sponsored by NYDIG.

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

  • A brand new report from Bank of America that calls digital belongings “too big to ignore”
  • US Bank custodying crypto through 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-Friendly Bank Up 7%

“The Breakdown” is written, produced by and options NLW, with enhancing by Rob Mitchell and extra manufacturing help by Eleanor Pahl. Adam B. Levine is our government producer and our theme music is “Countdown” by Neon Beach. The music you heard right this moment behind our sponsor is “Only in Time” by Abloom. Image credit score: Andriy Onufriyenko/Moment/Getty Images, modified by CoinDesk.