In Rebecca Harding's Opinion, Banks Are Waiting For The Green Light To Work With Bitcoin

Rebecca Harding has positive opinions about future partnerships of traditional banks and the crypto world. The head of Coriolis Technologies believes that giants of the banking industry are willing to start working with cryptocurrencies. Harding, however, mentioned that these financial institutions are only waiting for legal clarifications from legislators and regulators before exploring the fintech industry.
In a recent statement, she said that a lot of banks have a healthy curiosity and skepticism when it comes to digital currencies. For these traditional institutions to work effectively with the crypto space, they must partner with firms already established in the crypto industry. Harding also mentioned that these systems are not just exploring the crypto world but also planning to provide and send funds for a new class of assets.
Some banks have also moved a step ahead by introducing tools for cryptocurrencies, financial giants like Goldman Sachs, Morgan Stanley, and Citi group have launched products for its major players.
Morgan Stanley, for example, created a model for bitcoin derivatives, asides this they also intend to launch cryptocurrency swaps for the total income of its interested clients.
Its the same move for banks in the Asian region as Yonhap, a local Korean news agency reported in July this year that the country’s commercial banks owned Bitcoin and Ethereum worth more than $2 billion.
Harding insists that if these financial institutions don’t offer tools for them to work with digital assets, then they risk becoming irrelevant in the nearest future.
The cryptocurrency campaign is sure covering grounds at the right places, once regulatory bodies and the legislature have secured the necessary legal backup, then accessibility for this digital tokens will be easier for interested buyers and investors.

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