During the Paris Blockchain Week, executives from Messari and Sygnum expressed optimism about institutional Bitcoin adoption, forecasting a significant shift by late 2025. Despite current Market challenges due to U.S. trade tariffs, Messari’s CEO Eric Turner and Sygnum’s co-founder Thomas Eichenberger believe that as regulations evolve, banks will increasingly engage with cryptocurrencies. They noted that 2025 could see major banks, especially those with U.S. branches, ready to provide crypto services once the regulatory landscape becomes clearer. With a focus on broader regulatory support rather than individual political figures, they highlighted the potential for a robust crypto Market in the second half of the year. Overall, the executives encourage a hopeful view for the future of cryptocurrency in banking.
Executives at major cryptocurrency firms Messari and Sygnum are optimistic about institutional Bitcoin adoption despite the current Market challenges caused by US trade tariffs. This positive outlook was shared during a panel talk at Paris Blockchain Week on April 8, where Messari CEO Eric Turner and Sygnum Bank co-founder Thomas Eichenberger discussed their expectations for the banking sector’s increased involvement with cryptocurrencies in late 2025.
According to these leaders in the crypto space, various global financial institutions may begin to offer Bitcoin services as regulatory frameworks develop, allowing both stablecoins and crypto banking services to gain acceptance. Turner believes that while the second quarter of 2025 might show muted activity, the second half of the year could bring significant advancements in the crypto Market.
Eichenberger noted that international banks with branches in the US are likely preparing to provide crypto custody and trading services. This shift is anticipated as the regulatory environment becomes clearer, which will encourage more banks to engage with cryptocurrencies. They emphasized that the overall regulatory momentum—not just the stance of individual policymakers like former President Trump—will play a crucial role in shaping the Market.
With a clearer regulatory path for US banks, Eichenberger predicts that many international institutions will quickly adopt crypto services, removing fears they may have had about regulatory repercussions. This shift represents a turning point for Bitcoin in the financial sector and could lead to broader institutional support for cryptocurrencies in the coming years.
In summary, the increasing acceptance of Bitcoin among major banks highlights an exciting time for the cryptocurrency Market as regulations evolve. Investors and enthusiasts alike are eager to see how these developments will unfold and shape the future of digital currencies.
Tags: Bitcoin adoption, cryptocurrency Market, banking sector, regulatory framework, institutional investment.
FAQ about Global Banking and Bitcoin
What does the banking push into Bitcoin mean?
It means that major banks around the world are planning to start using Bitcoin more. They might offer services like buying or selling Bitcoin, or even using it in transactions.
Why do banks want to get involved with Bitcoin?
Banks see Bitcoin as a way to attract new customers and keep up with modern finance. They believe it can make transactions faster and cheaper.
When will we see banks offering Bitcoin services?
Experts think we might see banks start offering these services by the end of 2025. This could include things like Bitcoin accounts or investment options.
Is Bitcoin safe to use through banks?
Using Bitcoin through banks could provide extra security. Banks have systems in place to protect your money, making it safer than using Bitcoin on your own.
What should I know before using Bitcoin services from banks?
Before using Bitcoin with banks, it’s important to understand how it works. Be sure to read up on fees, how to store your Bitcoin, and any risks involved.