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Invezz 2024-06-12 10:13:32

World’s biggest bank ICBC dubs Ethereum (ETH) as ‘digital oil’

The Industrial and Commercial Bank of China (ICBC), the world’s biggest lender, recently published a report highlighting the potential of Bitcoin (BTC) and Ethereum (ETH). The report notably refers to Ethereum as “digital oil,” emphasizing its crucial role in the evolving digital economy. This endorsement by such a prominent financial institution underscores Ethereum’s growing importance

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