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Global Cryptocurrencies Market Report 2021: U.S. Regulatory Agencies have Acted as Key Drivers by Creating Roadmaps and Guidance for CompaniesDUBLIN, June 8, 2021 /PRNewswire/ -- The "Cryptocurrencies: Governments and Banks Catch Up to the Adoption Curve" report has been added to ResearchAndMarkets.com's offering. While cryptocurrencies previously stood at the fringe of the payments space, in 2021, institutional interest has increased as governments and banks have invested in the space. The U.S. regulatory agencies have acted as key drivers by creating roadmaps and guidance for companies wanting to get involved with new or existing crypto projects. Meanwhile, certain banking institutions built infrastructure to enable clients to utilize their cryptocurrencies through traditional financial practices, such as providing custodial services, enabling money transfers, and creating lending products. Globally, countries incorporate cryptocurrencies to different extents. Although many countries lag in adoption, the current trajectory of the market is favorable. The publisher believes that payment processors and fintechs should explore ways to incorporate cryptocurrency and blockchain solutions into their current models to remain competitive. This report examines the current regulatory and financial developments in the cryptocurrency space and highlights trends and strategies companies use to harness this growth. Expert Quote "I see the potential in this budding crytocurrency industry and believe there are use cases that banks, processors, and card programs can take advantage of to drive greater customer satisfaction, greater transaction volume and greater assets under management," commented the report's author Tim Sloane Highlights of this research report include:
Key Topics Covered: 1. Executive Summary 2. Introduction 3. United States Taking Steps to Foster the Cryptosphere
4. Global Sentiments Support Cryptocurrencies
5. Centralized Digital Currencies Aim to Compete Head to Head with Cryptocurrencies
6. U.S. Banks Enter Cryptosphere with Regulatory Legitimacy
7. Conclusion 8. References Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/7jwx58 Media Contact: For E.S.T Office Hours Call +1-917-300-0470 U.S. Fax: 646-607-1904 View original content:http://www.prnewswire.com/news-releases/global-cryptocurrencies-market-report-2021-us-regulatory-agencies-have-acted-as-key-drivers-by-creating-roadmaps-and-guidance-for-companies-301307803.html SOURCE Research and Markets |