The adoption of cryptocurrency is continuously increasing. With the many advantages such as the efficiency and transparency of payments, it is no surprise that financial institutions are eager to get involved in crypto. At BanklessTimes.com we have analysed the newest research on the mainstream adoption of cryptocurrencies and the issues associated with its use.
Key Takeaways:
- 76% of global financial institutions plan on using crypto within the next three years.
- Financial Services firms added three times as many crypto jobs last year compared to 2015.
- The number of Coinbase users has reached over 8 million.
- Regulations or the lack of regulations in crypto are still an issue for many financial institutions.
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