A new survey released by the consulting firm Greenwich Associates shows that over 70% of institutional finance executives believe that in the coming future, cryptocurrency will be a part of the industry.
The Richard Johnson, a vice president in Greenwich Associates’ Market Structure and Technology group and the author of the report said:
“They’re telling us that they don’t think it’s going away and that it’s here to stay.”
The survey questioned a pool of 141 institutional investment executives, who shared their thoughts whether, a regulatory framework will develop around cryptocurrencies, leading to growth and innovation, or that a few cryptocurrencies will survive and thrive, even if many others fail. 10 % of respondents said that a regulatory crackdown will eliminate the market altogether and another 10% believe that cryptocurrencies will remain a fringe asset class without mainstream adoption, and another 10% said that
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
