When we look at the introduction of the cryptocurrency market, we must consider the precautions that must be put in place to regulate and address the transparency issues associated with this new digital currency. More importantly, financial institutions must transform the perceptions surrounding cryptocurrencies if they are to introduce the likes of Bitcoin, Etherium, and the much-anticipated JP Morgan Coin to the financial mainstream.
This paper, based on 15 executive interviews and a poll collected from over 400 industry practitioners, assesses...
- The current state of play and the infrastructure in place to support it.
- Ongoing initiatives to stabilize the burgeoning cryptocurrency market.
- How to regulate, de-risk and decriminalize the crypto space by addressing its current KYC & AML challenges.