@pmh1nic said:
Maybe they will, maybe they won't. If a bank decides they will the question remains to what extent and which crypto will meet the desired standard. You're the crypto expert. Which current crypto meets the Group 1 standards?
I believe the list is:
-XRP
-XLM
-XDC
-MIOTA
-ALGO
And 3 that are probably meet Group1 but still TBD:
-ADA
-HBAR
-QNT
Where is Bitcoin in all of this?
Bitcoin does not meet the standard. That doesn't mean it goes away, it just means that governments and institutions probably won't want to use it or be involved with it.
In case anyone hasn't noticed... crypto is doing quite well again and has been "blessed" by Wall St and the SEC. Well at least the BTC ETF so far anyway... I hope some of you bought the local bottom when this thread was busy...
@ProofCollection said:
In case anyone hasn't noticed... crypto is doing quite well again and has been "blessed" by Wall St and the SEC. Well at least the BTC ETF so far anyway... I hope some of you bought the local bottom when this thread was busy...
Still holding my ETH, as I have for 4 or 5 years. Yes, it's been on a tear.
Comments
Bitcoin does not meet the standard. That doesn't mean it goes away, it just means that governments and institutions probably won't want to use it or be involved with it.
In case anyone hasn't noticed... crypto is doing quite well again and has been "blessed" by Wall St and the SEC. Well at least the BTC ETF so far anyway... I hope some of you bought the local bottom when this thread was busy...
Still holding my ETH, as I have for 4 or 5 years. Yes, it's been on a tear.
I as well with ETH
Mike
My Indians
Danco Set