Is cryptocurrency inching closer to mainstream financial infrastructure?

  • Thread starter Thread starter magnus2022
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magnus2022

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View attachment 1290Cryptocurrency is moving closer to mainstream financial infrastructure. Mr. Trump said during his campaign that he will give cryptocurrency enabling framework to operate and it seems he is about to fulfill the electoral promise. Presently, United States government is putting final touches to three bills that will help to regulate cryptocurrency operations, protect users from cryptocurrency scams and give support to crypto innovations.
 
It is still a long way to mainstream crypto adoption. But I strongly believe that we are making steady progress to make crypto integration into mainstream financial ecosystem a reality. In the next five years, governments of different countries should be convinced enough to back crypto.
 
A lot of countries have started legalizing crypto, they have created laws regarding crypto and brought it under tax frame. Crypto is certainly inching towards mainstream finance but there is still a lot to achieve.
 
Cryptocurrency does seem closer to mainstream financial infrastructure today than it was a few years ago. Banks, payment companies, investment firms, and even some governments are slowly integrating crypto-related services.
 
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