Major Swiss bank ZKB launches BTC and ETH trading
Back during the early days of global lockdown, you could actually feel the excitement as Crypto was taking off in leaps and bounds. The USA finally arose from its slumber and allowed creation of BTC and ETH ETFs this year. So, yes we have come so far, why does it feel like full crypto adoption is so far off? One-word - Gatekeeper(s)!
Yep, legacy money changers/bankers still control access to new an exciting offerings such as Crypto! But, look the major US brokerage houses and now European big banks are allowing Crypto sales. Hold on, do you have a major account at one of these major players? Recall, its a big club and you and I are not in it and the majority that need Crypto and can't get access to it through these types of services. That's why Crypto was invented to change the entire system!
Meanwhile here in the US in 2024 we received both BTC and ETH ETF's and the hype quickly faded and during the market meltdowns over the past few weeks the Bitcoin ETFs have lost their luster. Investors Yank $1.2 Billion in Just 8 Days. It's prolly nothing, move along. Nothing to see here.
Crypto's are not going mainstream until their ease of use improves and all the ESG FUD stops in/around Cryptos! So I read about these major Banks (insert your own country name here _______) and its the same thing. Level restricted access, (AKA Capital requirements to protect you from yourself!).
Summary
We are all expecting massive change due to crypto, we are that change. Do NOT expect that change to come from the status quo systems and firms. Go and and do BIG things with Crypto and get your friends, your co-workers your neighbors involved. Spread the word!