Strategy CEO Says Global Systemically Important Banks to Enter Bitcoin Services Within a Year
Summary
- Strategy CEO Phong Le said global systemically important banks will move into Bitcoin (BTC)-related services within the next year.
- He said global systemically important banks will begin offering Bitcoin-related services over the coming 12 months.
- He did not comment on the specific types of Bitcoin services individual banks may offer or on launch timelines.
Forecast Trend Report by Period
Strategy CEO Phong Le said global systemically important banks will move into Bitcoin-related services within the next year.
Bitcoin Magazine reported on September 18 that Le expects those banks to begin offering Bitcoin-related services over the coming 12 months.
Global systemically important banks are large lenders designated by the Financial Stability Board because of their outsized impact on the international financial system and the additional regulations imposed on them.
Le did not specify what form those Bitcoin services might take or when individual banks might launch them.
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