Skip to content

Bitcoin Trading News

Trading Digital Currency

Primary Menu
  • Home
  • Bitcoin
  • News
  • Apps
  • Mining
  • Exchanges
  • Brokers
  • Sitemap
  • Home
  • Crypto News
  • Coinbase Executive Claims Crypto Adoption Among Institutions Is Extremely Fast
  • Crypto adoption
  • Crypto News

Coinbase Executive Claims Crypto Adoption Among Institutions Is Extremely Fast

Jose Stork October 20, 2022 2 min read

The senior adviser at Coinbase, a major cryptocurrency exchange recently made a claim about the adoption of cryptocurrencies among institutions.

Institutions are Adopting Crypto Very Fast

According to John D’Agostino, the senior adviser at Coinbase, the institutions are showing no signs of adopting cryptocurrencies at a slow rate.

They are being very fast in terms of adopting cryptocurrencies, which is a huge gain for the cryptocurrency industry.

D’Agostino has claimed that institutions are adopting crypto even faster than the technologies that are extremely promising in terms of success and growth.

D’Agostino’s Interview

On October 18, D’Agostino was a part of an interview at SALT that was moderated by Anthony Scaramucci.

During the interview, D’Agostino talked about the typical nature of development for new assets. He claimed that most of the time, the new assets need time before they turn into valuable entities.

Whenever the institutions find an asset to be interesting, they go for it after going through all the aspects, where the most prominent one is ‘expenditures’.

For the institutions to explore an industry or to become part of it, they have to pay a huge cost. However, the situation is not the same when it comes to adopting cryptocurrencies.

D’Agostino’s Take on Cryptocurrencies

D’Agostino went on to claim that he has been in the commodity industry for over 15 years. For all the time he has spent in the commodity industry, he has tried his best to get commodities mainstream status.

Even though he has found his effort to be full of struggle, the cryptocurrency industry does not seem to have faced the same difficulty.

Instead, the institutions have gone after cryptocurrencies themselves, trying to gain as much exposure in the industry as possible.

He stated that what he has not been able to achieve for commodities in his 15 years of efforts, the cryptocurrencies have achieved in just a few years.

This goes to show exactly how vast and popular the cryptocurrency industry is among the institutions.

What May Stop Institutions

D’Agostino went on to claim that although the institutions have shown no lack of interest in adopting crypto, regulatory interference may become an obstacle.

The regulatory authorities in the United States are pretty much against cryptocurrencies and their adoption. Therefore, they may be able to harm the reputation of crypto among the institutions.

As institutional investors hold back, from investing in crypto due to regulatory pressure, then it could hamper the growth of the crypto industry.

D’Agostino predicted that the all-out adoption of the cryptocurrency industry is inevitable. Therefore, instead of resisting cryptocurrencies, the regulators must work to regulate them.

Continue Reading

Previous: Despite Crypto Winter, Chiliz Token Has Continues Growing, Adds More Staff
Next: BitKeep Becomes Newest Crypto Company To Fall Victim To Relentless Attacks From Hackers

Recent Posts

  • Fast Refund Group Review, Fastrefundgroup.com – Is FastRefundGroup Scam Or A Trusted Broker?

    Fast Refund Group Review, Fastrefundgroup.com – Is FastRefundGroup Scam Or A Trusted Broker?

  • Binetrix Review – A Variety of Educational Materials to Help You Trade

    Binetrix Review – A Variety of Educational Materials to Help You Trade

  • Protocol Labs Partnership with Accounting Firm Cryptio to Facilitate Filecoin Miners Go Public

    Protocol Labs Partnership with Accounting Firm Cryptio to Facilitate Filecoin Miners Go Public

  • UniTrust Venture Review – Is This A Versatile Online Trading Brand?

    UniTrust Venture Review – Is This A Versatile Online Trading Brand?

  • Axia review – Is this a legit CFD broker?

    Axia review – Is this a legit CFD broker?

  • TRADE.com Review – What Does This Broker Offer Traders In 2023

    TRADE.com Review – What Does This Broker Offer Traders In 2023

  • TradeSmart Academy Review – 3 Ways It Makes Learning Easy for Traders

    TradeSmart Academy Review – 3 Ways It Makes Learning Easy for Traders

  • Trades Universal Review – A Broker with a Great Vision

    Trades Universal Review – A Broker with a Great Vision

  • Why Choose Copy Trading Over Other Forms of Trading?

    Why Choose Copy Trading Over Other Forms of Trading?

  • Predictions For Big Eyes Coin Are Quite Hopeful

  • A Group Of Influential Us Senators Introduce Legislation Addressing The Crypto Industry

    A Group Of Influential Us Senators Introduce Legislation Addressing The Crypto Industry

  • Bill That Will Strengthen Crypto-money Laundry Regulations

    Bill That Will Strengthen Crypto-money Laundry Regulations

  • BTC Soars To A New Monthly High After The US CPI Report

    BTC Soars To A New Monthly High After The US CPI Report

  • FSB Intends to Establish Cryptocurrency Regulation Rules

    FSB Intends to Establish Cryptocurrency Regulation Rules

  • Ledger Stax With Tony Fadell Joining The Dev Team

    Ledger Stax With Tony Fadell Joining The Dev Team

  • The Crypto Market Is In Bad Shape, But Investors Are Still Bullish

    The Crypto Market Is In Bad Shape, But Investors Are Still Bullish

  • Michael Zetser’s Unique Approach to Fixing the Fintech Industry

    Michael Zetser’s Unique Approach to Fixing the Fintech Industry

  • Mobile Is Still The Biggest Technological Platform For Crypto

    Mobile Is Still The Biggest Technological Platform For Crypto

  • SushiSwap Wants to Restructure to Avoid Insolvency

    SushiSwap Wants to Restructure to Avoid Insolvency

  • Crypto Miners Have To Look For New Havens As Kazakhstan Tightens Regulations

    Crypto Miners Have To Look For New Havens As Kazakhstan Tightens Regulations

  • ‘Programming Languages’ A Key To Improving Security Of DeFi Protocols And Crypto Industry

    ‘Programming Languages’ A Key To Improving Security Of DeFi Protocols And Crypto Industry

  • Market Interest Keeps Growing in Oryen, Early Investors Enjoy 140% Gains Already

    Market Interest Keeps Growing in Oryen, Early Investors Enjoy 140% Gains Already

  • Cardano’s Opportunity to Shine Fades Due to Stablecoin Development Issues

    Cardano’s Opportunity to Shine Fades Due to Stablecoin Development Issues

  • Despite Launch of ApeCoin DAO Marketplace, ApeCoin Prices Have Fallen By 3.42%

    Despite Launch of ApeCoin DAO Marketplace, ApeCoin Prices Have Fallen By 3.42%

  • Huobi Adds An Extra Layer Of Security Around Its HBTC H-Token

    Huobi Adds An Extra Layer Of Security Around Its HBTC H-Token

  • XRP Observes a Strong Rally That Has Pushed It to 3-Week High

    XRP Observes a Strong Rally That Has Pushed It to 3-Week High

  • Cryptocurrencies to Face Tighter Regulations in Africa, Advise by IMF

    Cryptocurrencies to Face Tighter Regulations in Africa, Advise by IMF

  • ETH’s Trading Price Has Recorded A Plunge, Fears A Further Dip Below $1,000

    ETH’s Trading Price Has Recorded A Plunge, Fears A Further Dip Below $1,000

  • Cardano To Hype Its Adoption As It Wants To Launch A New Stablecoin

    Cardano To Hype Its Adoption As It Wants To Launch A New Stablecoin

  • SNM Trading Prices Surge By 4,000%, Users Expect A Pump And Dump Scheme

    SNM Trading Prices Surge By 4,000%, Users Expect A Pump And Dump Scheme

You may have missed

Fast Refund Group Review, Fastrefundgroup.com – Is FastRefundGroup Scam Or A Trusted Broker?
3 min read
  • Reviews

Fast Refund Group Review, Fastrefundgroup.com – Is FastRefundGroup Scam Or A Trusted Broker?

March 20, 2023
Binetrix Review – A Variety of Educational Materials to Help You Trade
3 min read
  • Cryptocurrency Brokers

Binetrix Review – A Variety of Educational Materials to Help You Trade

March 19, 2023
Protocol Labs Partnership with Accounting Firm Cryptio to Facilitate Filecoin Miners Go Public
2 min read
  • Bitcoin

Protocol Labs Partnership with Accounting Firm Cryptio to Facilitate Filecoin Miners Go Public

March 15, 2023
UniTrust Venture Review – Is This A Versatile Online Trading Brand?
3 min read
  • Cryptocurrency Brokers
  • Reviews

UniTrust Venture Review – Is This A Versatile Online Trading Brand?

February 7, 2023
Bitcoin Trading News | MoreNews by AF themes.