Technology

Cryptocurrency leaders see exponential growth; banks embrace crypto as an asset class

Digital asset skeptics take note: Not only is cryptocurrency here to stay, but 90% of the global population is predicted to adopt it over the next decade, says one of the world’s leading crypto infrastructure developers. The current estimate of global cryptocurrency users is about 4%, or 300 million people. “This is an innovation and a paradigm shift at least as big as that of the internet,” says Torbjørn Bull Jenssen, CEO of Nordic-based Arcane Crypto, a technology and investment firm focused on bitcoin and digital assets based in Norway. Jenssen made his bold prediction last Thursday at Oppenheimer’s Fourth Blockchain and Digital Assets Summit.

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