Former JP Morgan Exec Says Banks Have Lost Out to Cryptocurrency

2018-7-24 02:16

Salvador Casquero, a former executive for JP Morgan who worked as head of Scandinavian Interest Rates Trading, has recently declared that banks have lost out to blockchain technologies and cryptocurrencies.

“[Banks] are no longer the best providers for a specific product, tool or service in terms of both the producer and consumer. This occurred as […].

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Former JPMorgan Executive Says Banks Know Cryptocurrencies Will Change the World

Traditional financial institutions have begun to notice how cryptocurrencies are disrupting their market. Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech […]

2018-7-22 00:13


Фото:

HSBC Not Interested in Cryptocurrency Speculation, Supports Tokenization and Blockchain Technology

Banks and cryptocurrencies have not always been the best of friends, though the former is beginning to loosen up a bit.  In the latest development, HSBC’s Global Head of Digital said on July 19, 2018, that the finance heavyweight is taking a ‘”cautious” approach towards cryptocurrencies due to the super volatile nature of digital assets.

2018-7-21 17:00