By Matthew Makowski Blockchain technology is ushering in a new wave of the digital revolution. First and foremost, it is the backbone of cryptocurrencies. Crypto has had a very disruptive impact on financial markets.
This relatively new asset class is being included in portfolios for some Morgan Stanley (NYSE: MS) clients. A crypto checkout feature was added to PayPal’s (Nasdaq: PYPL) services. On the other end of the spectrum, the disruptive nature of crypto has led to India considering a ban on crypto. And China has begun to roll out its own digital yuan.
As these reactionary measures are being taken, cryptocurrencies have been having …read more