Cryptocurrencies
Crypto Execs Say Finance Isn’t Ready for Digital Transition
- Levy-Weiss says banks need to integrate blockchain projects
- Digital currencies have soared in popularity as prices surge
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Traditional finance has a long way to go before it’s ready to embrace digital currencies, say crypto executives.
Many companies are still focused on quarterly profits and shareholders, but that model is going to be challenged in the next decade, speakers at the “Digital Money 2030” panel at the Singapore Fintech Festival said Tuesday. Tim Grant, the CEO of SIX Digital Exchange, said the future financial system should benefit everyone.