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Crypto may be crashing—but don't expect the pressure on CFOs to know their stuff to lessen anytime soon.
“Our projection is that by 2024, at least 20% of large enterprises will use digital currencies for either payments, stored value or investments,” said Avivah Litan, distinguished analyst and vice president at research firm Gartner.
The progression of digital currencies will continue despite crypto's recent downfall, Litan said. "Bitcoin has gone down 32% year to date," she said at Gartner’s CFO and Finance Executive Conference in National Harbor, Maryland on Monday. “Is it really a Ponzi scheme?” she quipped. “Well, frankly, you should not conflate the value of the coin or the tokens with the value of the technology,” she explained. “Blockchain provides very unique characteristics. Cryptocurrency is the internet...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...