Crypto for Financial Advisors: How Banks Are Embracing Digital Money and Blockchain

The financial landscape is evolving as traditional banks increasingly integrate digital money and blockchain technology. This shift presents new opportunities and considerations for financial advisors. Banks are now exploring central bank digital currencies (CBDCs), offering crypto custody services, and utilizing blockchain for settlement. For advisors, this means a growing need to understand digital assets to provide comprehensive client guidance. The convergence of traditional banking and crypto is creating a more accessible and regulated environment for institutional and retail investors, marking a significant step towards mainstream adoption.