Cryptocurrency continues to make big headlines in the financial press, but not all of it is positive. Reports of cryptocurrency theft are appearing with increasing frequency. As blockchain technology and cryptocurrency are supposedly valued for their privacy and security, this is a problem that needs to be addressed.
Results from an April 2022 survey of 1,037 Americans conducted by GOBankingRates seem to confirm this sentiment. Of the 77% who indicated they did not invest in crypto, 17% indicated they don't think it's regulated enough, while 26% don't trust the security around it.
Cash App Borrow: How To Borrow Money on Cash App Learn: Here's How Much Cash You Need Stashed if a National Emergency Happens
If cryptocurrency is ever to become either a complement to or an outright replacement of fiat currency, it will need to become more secure. Here are some suggestions from industry experts about how to accomplish that.
More Regulation
In spite of all of the gains in legitimacy that cryptocurrency has enjoyed over the past few years, it still remains something of the Wild West when it comes to any type of regulation or oversight. To help the crypto networks of the world become more secure, both for owners and investors, regulation will be required, even if many crypto enthusiasts fight against that very thing.
Continue reading: https://www.nasdaq.com/articles/5-ways-crypto-needs-to-become-more-secure-according-to-experts
Results from an April 2022 survey of 1,037 Americans conducted by GOBankingRates seem to confirm this sentiment. Of the 77% who indicated they did not invest in crypto, 17% indicated they don't think it's regulated enough, while 26% don't trust the security around it.
Cash App Borrow: How To Borrow Money on Cash App Learn: Here's How Much Cash You Need Stashed if a National Emergency Happens
If cryptocurrency is ever to become either a complement to or an outright replacement of fiat currency, it will need to become more secure. Here are some suggestions from industry experts about how to accomplish that.
More Regulation
In spite of all of the gains in legitimacy that cryptocurrency has enjoyed over the past few years, it still remains something of the Wild West when it comes to any type of regulation or oversight. To help the crypto networks of the world become more secure, both for owners and investors, regulation will be required, even if many crypto enthusiasts fight against that very thing.
Continue reading: https://www.nasdaq.com/articles/5-ways-crypto-needs-to-become-more-secure-according-to-experts
