Morgan Stanley Executive Says Banks Are Expanding Into Bitcoin After Infrastructure Buildout
Amy Oldenburg of Morgan Stanley said banks are moving further into Bitcoin and crypto following years of infrastructure development, rather than out of FOMO (fear of missing out).
BTC
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Terms & Concepts
Bitcoin: A decentralized digital currency that operates on a blockchain (shared digital ledger) without central bank control.
Crypto: A broad term for blockchain-based digital assets used for payments, investment, or network functions.
FOMO: Fear of missing out; a term used when investors buy assets mainly because prices or interest are rising.