There's been a "seismic shift" in the older generation's view of crypto, the firm's CEO said.
Advisors must learn how to explain the new asset class to clients, he said.
State Street is exploring ways to get involved in settling payments on blockchain.
The crypto advocate sees bitcoin and ether coins on a parallel upward trajectory over the next six years.
The agency has argued that most tokens are subject to its rules.
"Investing in digital assets is not going away," one advisor says.
New rules have stepped up the reporting requirements on smaller transactions, including those involving digital assets.
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