US investment bank Morgan Stanleyin a recent research note, that corporate banks last year from the cryptocurrency market He said he had almost no income.
The giant bank said that institutional banks missed almost all of the $4 to $5 billion in revenue from institutional investors last year.
Analysts at the bank, led by Betsy Graseck, pointed out that the biggest obstacle facing banks serving large institutional clients is the lack of a clear regulatory framework in the crypto market.
It was stated that a possible regulation to be made in the crypto market could provide some advantages to the institutional banks that lagged behind the industry and that they could develop further in a regulated environment.
“Business models designed to generate returns for those operating in a regulated environment as margins tighten and capital requirements increase, and trusted counterparty status for institutional clients are some of the advantages that corporate banks enjoy.”
Analysts estimated in the research note that if institutional banks were directly involved in the cryptocurrency market, they could currently generate $5 billion in revenue and $1 billion in economic value.
It also estimates that revenue could grow to $16 billion over the next three to five years.
In another research note, Morgan Stanley published last week, Bitcoin (BTC) and cryptocurrencies He stated that it is being accepted as a payment method by more and more businesses day by day and it is being used more for daily shopping.
The bank is also helping businesses accept cryptocurrencies. of BTC He wrote that the volatility in the price may also decrease.