PwC: Cryptocurrencies Will Create Technology-Driven Markets

PwC: Cryptocurrencies Will Create Technology-Driven Markets

Cryptocurrencies such as bitcoin will usher in a new wave of 'technology-driven markets', a new report from PricewaterhouseCoopers (PwC) has claimed. The 17-page primer, released by the firm's Financial Services Institute this month, says it is no longer a question of if cryptocurrencies will transform financial services, but when and how. The report reads: "[Cryptocurrencies] have the potential to disrupt conventional market strategies, longstanding business practices, and established regulatory perspectives - all to the benefit of consumers and broader macroeconomic efficiency." PwC, a....


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