Behind Wall Street's Abrupt Flip on Crypto

1 pseudolus 2 8/14/2025, 12:27:03 AM nytimes.com ↗

Comments (2)

k310 · 28m ago
> The worries, described by nine Wall Street executives briefed on their organizations’ crypto initiatives but not authorized to speak publicly for their employers, center on the creation of a new interbank checking account and payments system built on crypto and blockchain technology. That system would come with few consumer protections and nascent regulatory oversight.

The last sentence is consistent with the administration and its soon-to-be successors, Vance, Musk and Thiel. "And Rand"

pseudolus · 52m ago