Market News
US bankers cautious on crypto despite expected regulatory easing - REUTERS
- Bankers cautious despite Trump's pro-crypto stance
- Goldman Sachs says rules limit banks' crypto market participation
- Client demand for crypto remains limited, bankers say
NEW YORK, Dec 11 (Reuters) - U.S. bankers struck a cautious tone on cryptocurrencies at the Reuters NEXT conference in New York this week, despite expectations that friendlier rules under President-elect Donald Trump will pave the way for lenders to expand into digital assets.
Trump courted crypto campaign dollars with promises to be a "crypto president" and end the Biden administration's crackdown on the sector, but banks are nevertheless unlikely to rush head-first into the volatile asset, bankers said.
