We have seen several articles that are pointing to a future in which cryptocurrencies are more widely accepted. According to an article which first appeared in Bitcoin magazine, Level 1 and Lever II carricula will be part of a subsection of the Fintech Investment Management. And it is clear that the CFA decided to introduce the offerings after receiving feedback and rising interest from a number of focus groups and questionnaires. There has been Bitcoin ETF and other offerings that one would expect in a new market such as crypto and blockchain.
Here at Classiarius we have a series of articles that point to a new legitimacy that starts with regulators who are working in their home countries and even at G20 meetings to present a united and coordinated stance that will fight to make crypto a safe and secure market for investors in the future. The CFA legitimacy story is another sign that crypto is here to stay – in our humble view. One CFA director in General Education pointed out that crypto is not just a passing fad. While a series of vetting processes will continue, the CFA is just the latest example that underscores the move for global investors that will likely result in major players supporting the new range of products, especially indexes being formed in the crypto-world.
More on this subject later,