According to the analysis of banking giant JPMorgan, stablecoins will continue to affect the monetary system despite the crises in the cryptocurrency market in recent months.
According to the research report published by JPMorgan a few days ago, tokenization, smart contract and cryptography various technologies, such as “It will change the future of financial systems.”
Banking giant JPMorgan’s research report states that one of the biggest challenges for the future of digital asset technology is, “On the one hand, it will pave the way for innovation, on the other hand, it will protect both financial stability and consumers and investors” It was stated that it was to strike the balance.
In this direction, politicians responsible for cryptocurrency regulation both will increase the security of investorsas well as improve procedures such as know-your-customer (KYC) steps must be taken to ensure
In a survey conducted by JPMorgan, survey respondents 74% of The future of bitcoin (BTC) price will remain below $25,000 for six months had expressed its opinion.