Prediction of Cryptocurrency Adoption
According to Bivu Das, CEO of Kraken in the UK, the year 2025 will be a turning point for cryptocurrency adoption. Forecasts indicate that about 25%, or 17 million people, will participate in the digital asset market. This means that a quarter of the population will use digital currencies.Impact on Cryptocurrency Prices
The price of Bitcoin and other currencies is expected to stabilize due to increased demand from institutional investors.Industry and Employment
The cryptocurrency industry could attract many new workers, leading to the creation of specialized training courses at universities.Pension Funds and Investment
A notable development is UK pension funds starting to allocate 3% of their portfolio to Bitcoin for the first time. This shows the readiness of the London financial sector to embrace digital assets, setting the stage for a more positive view of cryptocurrencies in the UK’s financial context.