✉news BusinessCrypto first seen 1 h ago, last 1 h ago, peak #32
Coinbase Executive Says Big Banks Raising Bitcoin Exposure
Original: Coinbase Business Chief: Big Banks Increasing BTC Exposure | Shan Aggarwal
Shan Aggarwal, who leads Coinbase's business division, said major banks are increasing their exposure to bitcoin. The comments point to growing institutional adoption of the cryptocurrency, with traditional financial firms building bitcoin positions and services despite long-standing regulatory caution. Crypto observers see the remarks as another sign that wall street's stance toward bitcoin is shifting from skepticism to participation.
Why now: Growing institutional adoption of bitcoin by major banks is a major talking point in crypto and finance circles.
Evidence
- Coinbase Business Chief: Big Banks Increasing BTC Exposure | Shan Aggarwal · Bitcoin Magazine
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