BofA: Don’t Tarnish Blockchain Technology With Speculative Crypto Trading

BofA: Don’t Tarnish Blockchain Technology With Speculative Crypto Trading


Central banks and governments are expected to drive digital asset innovation by leveraging the private sector, the note said, and this will create new revenue streams. Governments may give contracts to payments and consulting firms for their expertise, but the larger revenue opportunity likely exists for “infrastructure providers that offer distributed ledger platforms, cloud storage, cybersecurity, digital asset custody/wallets and telecom for offline access.”

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