Wells Fargo CEO Charles Scharf said that his organization was on the verge of releasing a blockchain pilot project to perform internal book transfers of cross-border payments across their worldwide branch network.
Darrell Cronk, head of Wells Fargo Investing Institute, said last week that his company is nearing completion of an actively managed bitcoin investment strategy for its platform. The CEO also believes the crypto market has just reached a point of growth and maturity that permits it to be a legitimate investable asset.
Source: https://mycryptoparadise.com/3-major-u-s-banks-unveil-their-cryptocurrency-policies/
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