Christian Borel is confident that regulation will encourage further adoption of cryptocurrencies because investors and companies will feel protected by the law.
According to Borel, many companies will start to accept payments in cryptocurrencies in the future, as more “regulated counterparties” will appear in the banking sector. This will create a safe and secure way for legal entities to access the crypto market. Right now, Borel says, digital assets are of great interest to businesses because they offer new perspectives.
Along with the adoption of cryptocurrencies, more digital banks will emerge in the future, Borel says. Introducing crypto-assets into traditional banking systems that have worked without them for years will take much longer than opening a new digital bank immediately adapted to the new industry.
When asked about the benefits of digital assets, SEBA Bank’s CEO called them “an attractive alternative. He said that cryptocurrencies could bring more benefits to both individuals and organizations.
As a reminder, in January of this year SEBA Bank predicted that Bitcoin will rise to $75,000 in 2022.