Virtual assets such as cryptocurrencies could transform the world of finance, making the industry more transparent, less susceptible to fraud and potentially cheaper for consumers. Photo: Shutterstock
Virtual assets such as cryptocurrencies could transform the world of finance, making the industry more transparent, less susceptible to fraud and potentially cheaper for consumers. Photo: Shutterstock

How virtual assets will lead digital transformation of global finance

  • Surge in interest in digital cryptocurrencies comes as first United States futures-based exchange-traded fund makes its October debut
  • Direct blockchain spending – up more than 50 per cent this year compared with 2020 – has been tipped to exceed US$19 billion in 2024

Virtual assets such as cryptocurrencies could transform the world of finance, making the industry more transparent, less susceptible to fraud and potentially cheaper for consumers. Photo: Shutterstock
Virtual assets such as cryptocurrencies could transform the world of finance, making the industry more transparent, less susceptible to fraud and potentially cheaper for consumers. Photo: Shutterstock
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