Crypto
Experts Debunk 5 Myths About Cryptocurrency
In keeping with Jonathan Merry, director of Bankless Instances, there’s a widespread false impression that many firms can’t use cryptocurrency even when they wished to as a result of “its authorized perimeter is mounted.”
The large-bank bandwagon proves in any other case.
“The world’s main banks are investing more cash in cryptocurrency and blockchain startups, and these applied sciences are being adopted by a wider vary of industries,” Merry mentioned.
He cited a report from blockchain market intelligence agency Blockdata that reveals 55% of the world’s prime 100 banks now have publicity to blockchain and crypto.
“We’re seeing extra funding and we’re seeing extra custody providers from massive companies, in addition to further industries fascinated with cryptocurrency.”