Crypto-assets: Paradigm shift or short-term trend?
PwC I 9:05 am, 25th February
2021 was an outstanding year for crypto-assets: Bitcoin reached a historic market capitalisation threshold, the NFT market skyrocketed, and for the first time Bitcoin was adopted as legal tender by a sovereign nation. On the other hand: China has banned crypto-assets, there are concerns on the systemic risks they pose, and many have voiced concerns regarding the sustainability and transparency of this new asset class, not to mention its high volatility.