- The gap between mainstream remittances and the use of crypto assets is a function of adoption, according to an expert.
- Co-Founder of My Digital Money thought that mainstream crypto adoption would equal convenience, which the market wants.
- The expert stated that the upcoming US elections would be significant for the outcome of the crypto industry’s recovery.
According to Guy Gotslak, co-founder and president of My Digital Money, regulatory problems, crypto scandals like FTX, and the extended crypto winter have added to the apprehension of furthering crypto’s mainstream adoption. Gotslak made the statement in an exclusive chat with Coin Edition, where he discussed the issues surrounding crypto adoption for remittance purposes.
According to Gotslak, the gap between mainstream remittances and the use of crypto assets is a function of adoption. The crypto expert told Coin Edition that mainstream adoption would equal convenience, which the market wants. “Nobody wants to send money to someone across the sea and be left in the dark as to when and how the receiver can cash out the funds,” said Gotslak.
My Digital Money co-founder explained that mainstream rem…
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