Bitcoin / Blockchain

Cryptocurrencies have gained mainstream acceptance and the rise in popularity has encouraged individuals to contribute to the crypto ecosystem.

Banks have always relied on middlemen to facilitate different financial transactions, such as accepting deposits, lending money, processing payments and issuing checks, which can be time-consuming and costly.

Below, Finance Monthly takes a deeper look at the global response to cryptocurrencies.

Digital currencies and the associated breakthroughs, such as the blockchain, offer a number of benefits and new use cases for incumbent financial service providers and innovators alike.

Institutional investors – excited by greater regulatory clarity - are going to drive “considerable expansion” of the cryptocurrency market in 2019.