70% Of Financial Executives Believes Cryptocurrencies Are Here To Stay: Greenwhich Associates
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
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