tldr; Fidelity CEO Abigail Johnson criticized traditional finance for relying on outdated technology and predicted blockchain will eventually replace it, driven by competitive forces and regulatory standards. Johnson highlighted the industry’s resistance to change and the challenges posed by smaller players unable to upgrade. Fidelity has been investing in blockchain since 2013, offering Bitcoin custody services and ETFs. Despite progress, Johnson acknowledged the slow pace of transition in the financial sector.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Fidelity CEO Abigail Johnson criticized traditional finance for relying on outdated technology and predicted blockchain will eventually replace it, driven by competitive forces and regulatory standards. Johnson highlighted the industry’s resistance to change and the challenges posed by smaller players unable to upgrade. Fidelity has been investing in blockchain since 2013, offering Bitcoin custody services and ETFs. Despite progress, Johnson acknowledged the slow pace of transition in the financial sector.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Abigail johnson the czech porn star?
lol sure