Large financial institutions don’t think Bitcoin is under threat of extinction, said the head of Coinbase Marcus Hughes. RBC Crypto. According to Morgan Stanley, for example, cryptocurrency is here to stay.

Hughes is a senior consultant with the exchange Coinbase transactions in the UK, he previously worked at Morgan Stanley. According to him, the digital industry is not enough money regulation, so financial giants are still forced to stay away.

“In the next year or two will be big changes. The regulation will emerge this year, particularly in Europe,” said Hughes.

He added that the cryptocurrency needs to go beyond speculation. The real value of digital money is to be used in everyday life, said the head of Coinbase.

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