Most Wall Street banks started crypto currency businesses in early 2021. This assignment requires that you investigate and develop a report on the prospects for the US banking industry over the near future given this business development.

Requirements

In this report, you will need to explain why you believe US banks will be able to improve specific areas of their services or risk management through adoption of the innovative technology associated with the crypto currency business, despite any ongoing impacts of the COVID-19 Pandemic. you should provide adequate reference to knowledge you have learnt during the course. You are encouraged to use financial (ratio) analyses, and to gain insights and identify issues from data you derive from the Bank Focus database. You must cite references from appropriate sources, including quality academic journals, government announcements, newspapers, institutional reports, etc., to support your points.

The report should not exceed 3,000

Answer rating: 100% (QA)

Prospects for US Banking Industry with Cryptocurrency Adoption Word Count 2998 Introduction The entry of major Wall Street banks into the cryptocurrency space in early 2021 has sparked debate about th... View the full answer