Wall Street Perks Up for Bitcoin – Bitcoints

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Published on August 31st, 2015 | by bitcoin

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Wall Street Perks Up for Bitcoin

Wall Street Perks Up for BitcoinNowhere, though, are more money and resources being spent on the technology than on Wall Street — the very industry that Bitcoin was created to circumvent.
A few banks have gone public with their work, but most of the activity has been happening behind the scenes.
Central banks like the Federal Reserve and the Bank of England have their own teams looking at the technology.
“A year ago, it was more of an idea,” said Max Neukirchen, the head of corporate strategy at JPMorgan Chase.
They are, instead, looking at the network and software that make it possible for Bitcoin to move around the world instantly, and almost free.

Source: Www.nytimes.com

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