How Traditional Finance is Making Crypto go Mainstream I Blockchain Futurist Conference 2022

Discover how traditional finance is driving mainstream adoption of cryptocurrency, with Canadian regulated exchanges leading the way, and institutions considering stablecoins and crypto as a viable asset class.

Key takeaways
  • Traditional finance is playing a crucial role in bringing mainstream adoption to cryptocurrency.
  • Canadian regulated exchanges are leading the adoption of digital assets.
  • Regulatory clarity is crucial for institutions to enter the crypto space.
  • Stablecoins are gaining traction, with some banks considering launching their own stablecoins.
  • Institutional investment in cryptocurrency is increasing, with many institutions now considering it as a viable asset class.
  • Retail adoption is improving, with many Canadians now buying and holding crypto assets.
  • The Canadian government is working to improve regulatory frameworks for digital assets.
  • FOMO (fear of missing out) will return, and institutions will be more likely to invest in crypto when the price drops.
  • The US is a significant market for cryptocurrency, and the SEC’s clarity on regulatory frameworks will have a significant impact on global adoption.
  • Canadian banks are taking a cautious approach to crypto, with some considering spinning off their innovation arms.
  • Traditional finance players are looking to partner with fintech companies to create regulated products.
  • Market volatility is a necessary evil for innovation and growth in the crypto space.
  • Institutional investors are shifting from global asset managers to digital asset managers.
  • Retail investors are more likely to invest in crypto once they have access to regulated and compliant platforms.
  • The state of Canada is poised to become a leader in the adoption of digital assets and cryptocurrency.