Survey: Finance execs remain positive about crypto's future

Greenwich Associated polled institutional finance execs and found 70% of them believe blockchain has staying power. "They’re telling us that they don’t think it’s going away and that it’s here to stay," according to Greenwich's Richard Johnson, who wrote up the findings in a report. In the survey, 38% of execs said they believed a regulatory framework will be in place to allow for the growth in the future. A similar 32% of the 141 pros polled see a few cryptocurrencies "surviving and thriving" while most fail. On the negative side, 10% of respondents see crypto remaining a "fringe asset class" without mainstream adoption. A similar fraction believes a regulatory crackdown will mostly wipe away crypto. An even smaller cohort, 7%, believes "most, if not all, coins will become worthless." (Source: Forbes)