“ DeFi and crypto , especially with relation to the metaverse , will likely give cause for thought over the next few years , especially as traditional investment vehicles do the math on the extent of cash being diverted into NFTs , DeFi and Crypto investment .” And banks are already beginning to prepare for the prospect of blockchainbased currencies likely eventually becoming mainstream . “ Don ’ t expect high street banks to be offering crypto bank accounts or loans in the next 18 months , but do expect a softening of their stance . They will be closely watching the lead of regulators to discover a new vision ,” says Murphy .
The future of cryptocurrency in financial markets As digital currencies come into their own , Nentwich believes that new technologies and regulation will also drive them forward . “ Automation goes hand-in-hand with the nature of crypto because of how it evolves , just as machine learning and future-built technology does . Data automation platforms like Ducos are becoming go-to solutions for control and regulation in the crypto market , as a way to prevent anything going wrong , therefore preventing any regulatory action from governments – or at least delaying it .”
He concludes : “ For this reason , crypto firms are volunteering to run themselves better by focusing on controlling risk .”