In The Press April 25, 2022

Wall Street Firms Make Crypto Push to Catch Up With ‘Cool Kids’ (Bloomberg)

For years, executives at banks and money managers were some of the industry’s most vociferous dissenters, until soaring prices and a flood of investor money drove home the point that staying on the sidelines meant missing out. Biden’s recent executive order was seen as encouraging, but more guidance is needed before banks can move forward “in any significant manner,” said Goodwin Financial Industry and Digital Currency & Blockchain Technology partner Nick Losurdo. Read the Bloomberg article here.