Wall Street Companies Intend to Launch Crypto Services

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Financial giants Standard Chartered, Nomura, and Charles Schwab are preparing to launch their own blockchain services, taking advantage of the growing institutional investors’ interest in innovative tools.

These companies expect the adoption of legislation by the US authorities that would regulate the cryptocurrency market.

Furthermore, the leadership of these groups are confident that reasonable regulations and not punitive measures should be imposed by the White House.

Analysts from the investment company Ark Invest also think that the US should establish conditions that enable the growth of the cryptocurrency market.

If, on the other hand, harsh policies are applied, the nation may lose its technological power, leading to the shift of blockchain businesses to more suitable jurisdictions.

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