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Web3 is set to transform financial services, embedding finance into blockchain-based systems. Bitcoin's legal tender status and DAO governance structures exemplify this change. Emerging markets benefit from cheaper remittances and decentralised loans, while developed markets embrace crypto as a new asset class and explore tokenisation. The future depends on regulatory clarity, tech advancements and partnerships between traditional finance and Web3. Ignoring this shift risks falling behind.
Full Article Here
Web3 is set to transform financial services, embedding finance into blockchain-based systems. Bitcoin's legal tender status and DAO governance structures exemplify this change. Emerging markets benefit from cheaper remittances and decentralised loans, while developed markets embrace crypto as a new asset class and explore tokenisation. The future depends on regulatory clarity, tech advancements and partnerships between traditional finance and Web3. Ignoring this shift risks falling behind.
Full Article Here