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Why Big Banks Are Doubling Down on Crypto

A collection of bitcoins, litecoins and ethereum tokens sit in this arranged photograph in Danbury, U.K., on Tuesday, Oct. 17, 2017. Photographer: Chris Ratcliffe/Bloomberg
A collection of bitcoins, litecoins and ethereum tokens sit in this arranged photograph in Danbury, U.K., on Tuesday, Oct. 17, 2017. Photographer: Chris Ratcliffe/Bloomberg Bloomberg

After the meltdown of FTX, a lot of retail investors were scared away from crypto. But many big banks have only doubled down, and are pushing cryptocurrency more into the mainstream.


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