For the first time, the United States’s oldest bank, BNY Mellon, says it plans to offer some cryptocurrency services.
That is good news for digital currencies like Bitcoin – which has been soaring to all-time highs.
While investing in it can be a rollercoaster ride that comes with many risks, that has not stopped the chief executive of Tesla, Elon Musk, from purchasing a $1.5bn stake in it.
As well as investing in Bitcoin, Tesla is now expected to accept the virtual money as a form of payment.
As the prices of digital assets continue to rise, what will this mean for the global economy?
Presenter: Kim Vinnell
Glen Goodman – Financial investor and author of The Crypto Trader
William Cohan – Former mergers and acquisitions investment banker and writer
Celso De Azevedo – International cyber lawyer and barrister at 36 Commercial