America’s biggest blockchain bet is now coming to fruition as major US banks continue to explore blockchain as their next step towards innovation. These banks have started to explore Bitcoin products one way or the other while showing major inclination towards adopting Blockchain as one of their innovative methods to simplify financial services.

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US Banks’ Blockchain Bet

Per a recent update shared by CryptosRUs, the platform noted how major US banks are now betting big on blockchain. While citing a chart created by River, the platform shared how major US banks are now knee-deep in the blockchain domain, busy launching or preparing Bitcoin products in view to revolutionize the domain.

Leading banks like JP Morgan, Charles Schwab, American Express, and USAA continue to experiment with the digital assets domain, which could ultimately be a bullish sign for Bitcoin.

“🚨 BLOCKCHAIN TAKES OVER: TOP U.S. BANKS RACE INTO DIGITAL ASSETS. 14 of the top 25 U.S. banks are building Bitcoin products. Major players include JPMorgan Chase, Charles Schwab, American Express, and USAA. Banks are stepping into the digital asset space. We are at an evolutionary moment where all finance could become digital, with $BTC asserting its role as digital gold.”

US SEC Tokenization Dream

In the middle of this, in a new video surfacing online, Paul Atkins, the US SEC chief, can be seen sharing how America is truly embracing tokenization as the next step to simplify the financial domain. Atkins stated how the US government is keenly pursuing US market tokenization in the next two years, which could significantly amp up the prices of digital currencies for years to come.

“TOKENIZATION ISN’T COMING—IT’S HERE. SEC Chair Paul Atkins just went on Fox Business and called tokenization “the way the world will be. Not in 10 years, but maybe in just a couple 🤯. After years of the SEC standing in the way of innovation. He’s now saying regulators must embrace it to keep the U.S. at the forefront of global markets. The quiet part was just said out loud.

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