With Bitcoin (BTC) price increasing up to $4400, world’s largest banks begin to seriously consider cryptocurrency adoption.
Barclays couldn’t ignore bitcoin and blockchain which are believed to be able to evolve the financial industry.
Central banks consider implementing “hybrid systems” involving distributed ledger technology of the type currently used to record Bitcoin transactions.
The banks’ concerns about the future development of digital currencies and their influence on the financial industry.
The European Banking Authority (EBA) has warned the financial institutions to not have any operations with digital currencies.