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Trump crypto plans have Wall Street CEOs ready to jump into digital assets - TL;DR CNBC

Trump crypto plans have Wall Street CEOs ready to jump into digital assets

Publishing timestamp: 2025-01-24 12:00:01


Summary

Wall Street CEOs are ready to increase their involvement in the crypto market if the Trump administration implements favorable policies. Trump's pro-crypto agenda has led to optimism among bank executives, with many expressing willingness to embrace cryptocurrencies as a payment option. However, regulatory hurdles and accounting rules have been major roadblocks to broader adoption. Despite challenges, banks are exploring ways to deepen their ties to the crypto market.


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Keywords: goldman sachs group incbank of america corpmorgan stanleytechnologydonald j. trumpbitcoinenergyapple incvisa incjoe bidencryptocurrencyfintechbreaking news: technologybusiness newsmastercard inc

Source: https://www.cnbc.com/2025/01/24/trump-crypto-plans-have-wall-street-ceos-excited-about-digital-assets.html


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