Tim Rice, CEO of the analytical service CoinMetrics, in his interview, noted that risk-averse financial companies are actively spreading.
Firms that have been working with cryptocurrencies for a long time often do not pay attention to risks. At that time, newcomers from other fields, obsessed with the details of management. Such companies often treat the crypto industry with contempt and point out the collapse of the system in the future. However, there are those who support the development of the industry and wish to join it.
T. Rice mentioned New York banks as an example. The leaders of these organizations are waiting for the regulatory issues to become clearer and for the opportunity to enter the market.
Tim Rice noted that he has a positive attitude towards the blockchain and projects on it. He believes that this decision has a great impact on the development of the cryptocurrency industry and makes processes more transparent. CoinMetrics intends to use transparency to provide users with opportunities to work with digital currencies.
This week, analysts noted that the cryptocurrency has taken the path of strengthening.
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