Cryptocurrency is struggling with a reputation problem, research finds

Published by
City AM

By Darren Parkin The cryptocurrency industry is struggling to improve its reputation, according to research by blockchain protection company CoinCover. The report – based on a survey of 16,316 people in nine countries – found that the two most significant barriers to mass crypto adoption were volatility and security risks. CoinCover’s research was also based on an extensive literature review, and interviews with market experts. The report argues for the creation of voluntary industry standards, alongside mechanisms for users to identify providers that adhere to these standards, encouraging an …

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