futurewithcrypto.com
It took years for the crypto industry to gain the trust - and capital - from the major institutional players on Wall Street.
Image credit- google images
Just as more large traditional players seemed on the cusp of making moves into the booming blockchain markets,
Image credit- google images
The messy fall of Sam Bankman-Fried's crypto empire has led to comparisons of the digital-asset industry to the Wild West
Image credit- google images
As the Welsh poet Robert Williams said, "Trust is the easiest thing in the world to lose, and the hardest thing in the world to regain."
Image credit- google images
But one question now is whether big banks can see the crypto industry's latest troubles as an attractive opportunity to enter blockchain-based markets.
Image credit- google images
In May this year, US banking giant JPMorgan Chase signed two popular crypto exchanges as customers
Image credit- google images
It's a sign that Wall Street is starting to accept cryptocurrencies to the extent that it sees value in them for its own future.
Image credit- google images
Some major banks may be stepping in as saviors at a time when the industry is struggling
Image credit- google images
Just as John Pierpont Morgan himself once saved the banking industry in the early 20th century before the creation of the Federal Reserve
Image credit- google images
“Banks are the natural enemy of the crypto industry as they both allegedly sell the same product line
Image credit- google images