The bitcoin price could come under pressure as some of the money is likely to completely exit the ecosystem, the report said.

The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.

The deal also removes the final hurdle before approval of a spot bitcoin ETF, the report said.

AI has the potential to improve productivity and enhance bank returns, the report said.

The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.