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Keep an Eyes On $BNB
$BNB GREEN Because bull flags breakout.
No matter what projects you support & like there will always be someone who will say it’s a scam. Don’t listen to anyone be confident & always #DYOR 🙌
King's Charts™
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(http://telegra.ph/file/d64f88c7b90d624146492.jpg)Beyond Huge! Northern Trust - A Financial services giant with $10.7 trillion worth of assets under custody & administration, opens doors to Cryptocurrency services
According to Forbes (https://www.forbes.com/sites/michaeldelcastillo/2018/07/31/northern-trust-opens-doors-to-cryptocurrency-hedge-funds-as-part-of-pervasive-blockchain-expansion/#f4510dd48bce), the Chicago-based firm added several new blockchain features for managing private equity workflow as well as discreetly opening its fund administration services to certain hedge funds betting on bitcoin and ethereum.
Quoting Pete Cherecwich, President of Corporate & Institutional Services at Northern Trust,
""I do believe that governments will ultimately look at digitizing their currencies, and having them trade kind of like a digital token — a token of the U.S. dollar — but the U.S. dollar [would still be] in a vault somewhere, or backed by the government."
The Financial services giant has also reported to have significantly expanded its work with blockchain and cryptocurrencies across multiple divisions including but not limited to KYC/AML, NAVPs, Tradings etc.
The move has been described as one of the most significant pushes into cryptocurrency by a traditional financial institution till date.
According to Forbes (https://www.forbes.com/sites/michaeldelcastillo/2018/07/31/northern-trust-opens-doors-to-cryptocurrency-hedge-funds-as-part-of-pervasive-blockchain-expansion/#f4510dd48bce), the Chicago-based firm added several new blockchain features for managing private equity workflow as well as discreetly opening its fund administration services to certain hedge funds betting on bitcoin and ethereum.
Quoting Pete Cherecwich, President of Corporate & Institutional Services at Northern Trust,
""I do believe that governments will ultimately look at digitizing their currencies, and having them trade kind of like a digital token — a token of the U.S. dollar — but the U.S. dollar [would still be] in a vault somewhere, or backed by the government."
The Financial services giant has also reported to have significantly expanded its work with blockchain and cryptocurrencies across multiple divisions including but not limited to KYC/AML, NAVPs, Tradings etc.
The move has been described as one of the most significant pushes into cryptocurrency by a traditional financial institution till date.
