With this move, the firm has the potential to mark the traditional finance industry's first real foray into the digital token arena. (cryptotimes.news)
O'Brien sought to frame the announcement as one that provides evidence of how increased interest from the traditional finance industry will shape standards for bitcoin trading, and for how the industry itself is taking security more seriously in the wake of Mt Gox. (coindesk.com)
Despite bitcoin's potential as a system that could replace the traditional finance industry, the investment community - represented by Allaire and Fred Ehrsam, co-founder of Coinbase - offered up a more moderate short - term future for the technology. (coindesk.com)