Crypto Adoption Status

Cryptocurrencies present an impactful stride in the financial system, especially to individuals lacking access to financial services. Through digital assets and blockchain technology, users worldwide can conduct transactions at lower fees, generate passive incomes, and establish stronger communities.  Despite various downsides such as volatility or complex understanding, virtual currencies show a growing interest and recognition from millions of retail and institutional investors. However, the pace of adoption largely depends on monetary sovereignty since the authorities have regulatory powers on whether…