The mass crypto adoption is going great these days and there are more and more interesting events that are taking place in the crypto space. Check out the latest news that supports the idea that crypto adoption explodes.
Crypto adoption explodes
It’s been revealed that a recent study by crypto exchange platform Bitstamp finds that institutional investors are actively recommending digital assets to their clients.
The Bitstamp Crypto Pulse report surveyed over 5,500 professional investors and 23,000 retail investors from 23 countries across the globe.
The report reveals that the majority of institutional investment decision-makers are endorsing crypto assets as investments to their clientele.
“Institutional investors are now actively recommending crypto to their clients and retail investors are beginning to use crypto beyond a simple trade. This is a key area to watch in subsequent waves to gauge how the current financial climate drives adoption of crypto outside the original ecosystem.”
According to the research, 68% of institutional investors surveyed say they are actively recommending crypto while 15.2% say that are doing so with caution. Just 6.4% say they are not recommending virtual assets to their clients, via the latest news by the Daily Hodl.
Crypto adoption in Africa
Following the amazing example of El Salvador, Central African Republic is now the second nation ever that accepted Bitcoin as legal tender. This is yet another sign that the crypto adoption is going great.
It’s been just revealed that an African country has become the second nation on Earth to accept Bitcoin (BTC) and other crypto-assets as legal currency.
Following the example led by Latin American nation El Salvador, the Central African Republic (CAR) has announced it has become the first African nation in the world to legally support cryptocurrencies.
Despite the massive market volatility, there are all kinds of optimistic predictions about the prices of digital assets these days.
