Cathie Wood says banks have a ‘big problem’ thanks to crypto
Cathie Wood says banks have a ‘big problem’ thanks to crypto

“Banks have a big problem,” Wood said from the Bitcoin 2022 conference in Miami. “They’re losing talent to crypto, so they’re having to raise wages to attract talent, and they’re losing business to DeFi. Lending and saving – a lot of it is taking place in DeFi right now.”

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