In a blog post Coinbase revealed that this latest collaboration reveals the increasing commitment of orthodox financial bodies towards
adoption of digital assets and widening customer accessibility.
Fernando Gutierrez, Head of Legal at Dash said, «As the subject of cryptocurrencies finds its way into conversations around the globe, the primary barrier to widespread
adoption of digital assets remains the same... Creating a platform that is open and accessible to all has been a core value since our inception.
Much like the launch of bitcoin futures last December, the presence of a major Wall Street bank is considered a harbinger for broader institutional
adoption of digital assets.
Goldman Sachs is planning to launch a new cryptocurrency market on Wall Street by offering bitcoin futures contracts, a move that could strengthen institutional
adoption of digital assets.
Popular stock trading app Robinhood has officially rolled out its cryptocurrency trading platform to users in five U.S. states, setting the stage for greater mainstream
adoption of the digital asset class.
The assets are seen by many as a precursor to greater mainstream
adoption of the digital asset class.
Not exact matches
In fact, the majority
of cryptocurrencies» performance in 2017 gave indications that 2018 would indeed be a year when
digital assets will grow by heap and bounds going through waves
of heightened trade volumes and
of course, mass
adoption.
These tools are expected to boost the
adoption of Bitcoin trading and hopefully establish
digital assets as a new
asset class.
However, we encourage the SEC to publish a concept release on the regulation
of the issuance and trading
of digital assets to provide suitable guidance to the industry followed by the
adoption of a new regulation on the same.
That was a mixture that was very carefully designed for a reason, and that reason is to ensure the greatest chances
of adoption, to ensure the ability
of Digital Asset [Holdings] to work with its various investors, and for the work that we do to benefit multiple investors simultaneously.»
Throughout the paper, points are made around bitcoin's intrinsic value, the use cases
of the
digital asset, eventual levels
of adoption, and a complete take over as the world's most widely - used form
of money.
The Block.one team and the EOS.IO community are introducing the first scalable infrastructure to enable mainstream blockchain
adoption and we are excited to be at the forefront
of such a transformative initiative which we anticipate will drive positive change in the
digital assets space.»
Digital Asset Holdings chief business development officer Chris Church argued that there were three obstacles slowing down the
adoption of blockchain by financial institutions.
0 - Confirmation /
adoption / BCH / bitcoin cash / Blockchain / Brick n Mortar / Cryptocurrency /
Digital Asset / Mempool / Merchants / Mini-POS / N - Technology / Point
of Sale / PoS / private keys / QR Code / Settlement / stores / Technology / terminal / transactions
Based on the
adoption of Bitcoin as a safe haven
asset and a
digital currency, Keiser's $ 5,000 to $ 10,000 predictions are realistic.
For example,
adoption of the XRP token which allows for a connection between Fiat currencies and
digital assets has greatly improved liquidity and reduced costs.
The firm Alphapoint and its co-founder, Igor Telyatnikov, believes
digital asset infrastructure outages are a problem if the technology gains a more considerable influx
of mass
adoption.
Titan
Digital Asset Group presents three
of its 2018 investment themes: 1) the pronounced need for scaling solutions; 2) modern demand for privacy and liberalization
of personal data; and 3) acceleration
of Chinese crypto
adoption by enterprises and governments.