It’s not the end of crypto: EU asset manager gives 5 reasons why

The ongoing cryptocurrency winter and massive collapses in the industry do not mean that digital assets like Bitcoin (

Finally, regulation will likely bring a more positive impact on the industry despite certainly causing temporary price setbacks, the analysts argued. They stressed that many regulators have eventually preferred to not put a blanket ban on crypto after several attempts, and that advanced economies now see it as a possibility.

Despite expressing some level of bullishness towards the future of crypto, Amundi’s investment executives still noted that the real economic utility of crypto “still needs to be fully confirmed.” That would need a widespread use of public blockchains in the real economy and the associated non-speculative demand, the experts noted.