Crypto Will Become Mainstream in Less Than a Decade, Nine in 10 UK Financial Institutions Believe

Crypto Will Become Mainstream in Less Than a Decade, Nine in 10 UK Financial Institutions Believe

In terms of certainty, UK institutions held this opinion with the most confidence – shared by 90 per cent of respondents – whilst a still promising 81 per cent of French respondents and 82 per cent of German respondents agreed. These were the primary findings of Bitstamp ‘s Crypto Pulse survey, the intriguing contents of which were divulged this week. As the world’s longest-running crypto exchange, these results were naturally of high importance and interest to Bitstamp. The data from more than 250 institutions in the UK comes from a Bitstamp survey of over 28,450 respondents — including 5,450 senior institutional investment strategy decision-makers and 23,000 retail investors — from 23 countries across North America, Latin America, Europe, Africa, the Middle East and Asia-Pacific. The rise of crypto investments When considering the data more holistically, the survey also found that around 70 per cent of institutional respondents in the UK currently place trust in crypto products, with 67 per cent of the country’s banks, fintech companies and trading platforms actively recommending investing in crypto to their clients. On a global level, 80 per cent believe that crypto will overtake traditional investment types such as stocks, shares, and ISAs. A 70