Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” event sheds light on Bitcoin’s role as an investment tool, along with the future of stablecoins.
If 2021 has taught us anything about digital currencies, it’s that big banks and major payments providers are now feeling more comfortable with Bitcoin (BTC). While the CEO of PayPal and other large corporations are expressing excitement for crypto payments and salaries paid in Bitcoin, executives from Visa, JPMorgan and ING all agree that Bitcoin is still an investment vehicle rather than a currency. This notion was revealed during a panel discussion entitled “Buying with Bitcoin,” which took place during Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” online event. Michael del Castillo, associate editor at Forbes, led the discussion and was joined by Umar Farooq, CEO of JPMorgan’s blockchain unit Onyx; Mariana Gomez de la Villa,
WisdomTree wins NYDFS trust company charter
The charter will enable WisdomTree’s newly founded entity to offer crypto custody, stablecoin issuance, and stablecoin reserve management…