under his management from $4.2 trillion with more assets Fidelity, Definitely one of the most important names in the financial markets.
Cryptocurrency The institution, which is skeptical about the sector but started to provide crypto currency trading services last year, has now made a very critical statement for 2022.
In the report published by Fidelity, in 2021 El SalvadorIt is said that other countries can do what Turkey has done in 2022.
According to the asset management company’s 2021 report, the past year has offered unique opportunities, especially in the adoption of cryptocurrencies.
Fidelity experts think that El Salvador’s crypto buying strategy has not been successful yet, but according to preliminary data, the country is heading in the right place.
Countries Will Start Buying BTC
Fidelity, He emphasized that the biggest change in 2021 is not the price increase, but the regulation.
Many different countries have taken steps on cryptocurrency regulations, and cryptocurrencies are now regulated all over the world.
This could enable other countries, such as El Salvador, to accelerate the adoption of cryptocurrencies. According to Fidelity, as Bitcoin acceptance increases, the number of countries that want to buy BTC will also increase.
Although other countries do not believe in the potential of BTC, they may have to buy BTC in order not to be too late in a possible competition. Fidelity’s thesis is exactly based on this, and according to experts, some countries may have even started to receive BTC secretly.
Although Fidelity does not announce which country will make the first purchase here, it can be expected that these will actually be countries with turbulent economic conditions.