This Bitcoin Trend Will Continue in 2016

There is one trend which likely will continue into 2016 in the banking world, and that is the trend of Wall Street executives defecting from the mainstream banking industry into theBitcoin industry. With consortiums such as R3 – and thus the biggest banks in the world – investigating blockchain technology, individuals from Wall Street will enter into the Bitcoin space in order to learn more about the technology.
Of course, Blythe Masters entered the space. The creator of the BitLicense, Benjamin Lawsky, also started a Bitcoin advisory company. They’re not the only individuals to leave Wall Street for Bitcoin.
While we will hear about many of these individuals from reports of their leaving a Wall Street firm and seeking an executive status in Bitcoin, there are many we won’t hear about. Still some will have one foot in and one foot out of the Bitcoin industry. They will be the Wall Street figures who enter into the Bitcoin space to learn as much as possible about the crypto-technology, in order to bring the information back to their bands, such as UBS, Santander, and many others.

This post was published at Crypto Coins News on 30/12/2015.

Comments are closed.