Institutional Investors Enter the World of Cryptocurrency, Raising Concerns About Privacy and Government Restrictions

08/01 00:05

Institutional investors are showing increasing interest in cryptocurrency and investing in it, but some are concerned that this could lead to Bitcoin losing its anti-establishment roots. BlackRock, a major asset manager, recently applied for a Bitcoin exchange-traded fund, causing the price of Bitcoin to rise. While cypherpunks originally created Bitcoin to avoid government surveillance, institutional investors are focused on making money, which could lead to stricter regulations and a loss of privacy in the crypto space.
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