KPMG calls for stronger custodial practices to boost Bitcoin adoption

Global accounting firm KPMG believes that strong custodial practices are key to boosting Bitcoin BTC BTC - $62721.470 adoption among institutions and businesses. According to its recent report titled “The Importance of Custodians in Bitcoin Adoption and Ownership,” custodians play a crucial role in safeguarding Bitcoin holdings and are vital for the industry's growth.

Source: cryptoslate.com

Related symbols: BTCUSD

2024-09-18 19:52:03 GMT.

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Price & Market Data

Price: $62721.470

Volume 24h: $43,847,584,907.74

Market Cap: $1,239,144,174,878.55

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.