Strategy released a Bitcoin Banking Adoption Index grading 25 major banks on Bitcoin integration across trading, custody, products, lending, and executive support. Fidelity leads with a 71% score due to its early move into Bitcoin services, while most European and Japanese banks score below 30%. The overall industry adoption is 32%, reflecting uneven progress influenced by regulatory environments and internal executive support. Strategy plans to publish detailed methodology and expects banks to engage publicly with the rankings, highlighting ongoing debates about Bitcoin's role in traditional banking.
Strategy's new Bitcoin Banking Adoption Index ranks 25 major global banks on their integration of bitcoin services, with an overall adoption score of 32%. Fidelity leads the pack with a 71% score, offering a wide range of bitcoin-related products inc...
Bitcoin hovered around $62,800 as investors brace for key U.S. inflation reports, geopolitical tensions between the U.S. and Iran, and major bank earnings this week. Rising oil prices due to Iran Strait of Hormuz tensions could increase inflation fea...
