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Is cryptocurrency now legitimate (not just for the criminal groups?)

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We've all seen the ransomware headlines - not a day goes by that a threat actor group doesn't post a cryptocurrency ransom following successful deployment of malware to a business' networks.

But is the currency finally now mainstream? Recently CBA in Australia, started accepting and managing cryptocurrency (it struck strategic commercial relationships with regulated crypto exchanges and custodians).

Visa is working through its Circle partnership to offer the currency, and Paypal is now live with Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.

Could we see regulators move to tighten the use and flow of the currency further?

https://economictimes.indiatimes.com/news/international/business/paypal-inches-up-on-enabling-crypto-payments-for-shopping/articleshow/87800822.cms

What do you think?

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By Daniella Traino

21 November 2021



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