Adopting crypto as a payment method also solves various compliance issues such as crime identification, payment transparency, know-your-customer (KYC), payment tracking, and efficiency while saving time and money, enhanced compliance and security while being less complex than traditional payment methods.<\/p>\n\n\n\n

Using crypto as a method of payment seems to be in the foresight of many financial institutions around the world. The lack of understanding about how it all works, the insufficient tools to comply with blockchain, and the cloudy regulations<\/a> are the bridges that still need to be crossed by these organizations. <\/p>\n","post_title":"76% Of Financial Institutions To Utilize Crypto By 2025 - Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"76-of-financial-institutions-to-utilize-crypto-by-2025-report","to_ping":"","pinged":"","post_modified":"2023-04-11 00:10:56","post_modified_gmt":"2023-04-10 14:10:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};