Home Cryptocurrency News Experts Debunk 5 Myths About Cryptocurrency

Experts Debunk 5 Myths About Cryptocurrency

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Experts Debunk 5 Myths About Cryptocurrency

According to Jonathan Merry, director of Bankless Times, there is a common misconception that many companies can’t use cryptocurrency even if they wanted to because “its legal perimeter is fixed.”

The big-bank bandwagon proves otherwise.

“The world’s major banks are investing more money in cryptocurrency and blockchain startups, and these technologies are being adopted by a wider range of industries,” Merry said.

He cited a report from blockchain market intelligence firm Blockdata that shows 55% of the world’s top 100 banks now have exposure to blockchain and crypto.

“We’re seeing more investment and we’re seeing more custody services from large corporations, as well as additional industries interested in cryptocurrency.”

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