Banks are grappling with the 'threat' of crypto industry advancement: Analyst

Banks are grappling with the 'threat' of crypto industry advancement: Analyst

Banks are grappling with the 'threat' of crypto industry advancement: Analyst

Peter Chung, Head of Research at Presto Research, explains why the CLARITY Act is meeting resistance from some camps in the crypto industry, and why banks feel threatened by the rapid evolution of digital currencies.

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