{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=NL&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Institutions+still+hesitant+about+Bitcoin+and+crypto+investment&text=According+to+a+recent+survey%2C+there+are+a+few+key+reasons+why+institutions+are+not+investing+in+crypto+yet.&text=Nickel+Digital+Asset+Management%2C+a+cryptocurrency+fund+based+in+the+United+Kingdom%2C+has+released+the+results+of+a+recent+survey+regarding+institutions+and+their+perceptions+about+crypto.+In+the+research%2C+the+asset+management+firm+explored+how+some+of+the+firms+across+Europe%2C+the+UK%2C+the+USA%2C+and+the+UAE+feel+about+cryptocurrency.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AAccording+to+the+results%2C+%3Ca+title%3D%22Bitcoin+Evolution%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fbitcoin-evolution-review%2F%22+data-replaced%3D%22true%22%3EBitcoin%3C%2Fa%3E+still+poses+security+concerns+to+institutions.+According+to+the+research%2C+which+was+digitally+conducted+earlier+this+year%2C+the+institutional+investors+have+low+confidence+in+the+industry%27s+security.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%3Ch2%3EInstitutional+hesitance+to+investing+in+cryptocurrency%3C%2Fh2%3E%0AThe+results+from+the+research+pinpoint+key+reasons+why+institutions+might+be+hesitant+to+adopt+Bitcoin+and+other+%3Ca+title%3D%22Is+Crypto+Trader+Legit%3F%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fcrypto-trader-review%2F%22+data-replaced%3D%22true%22%3Ecryptocurrencies%3C%2Fa%3E.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AA+significant+76%25+of+the+respondents+cited+concerns+about+how+secure+custodial+services+are+as+a+key+factor+why+they%27re+not+investing+yet+in+cryptocurrency.+Another+major+obstacle+for+adoption+is+the+lack+of+regulation+in+the+industry.+Without+regulatory+protocols%2C+the+institutions+feel+insecure+about+the+safety+in+the+process+of+investment.+In+addition+to+these+concerns%2C+institutions+aren%27t+confident+yet+in+the+stability+of+cryptocurrency%2C+with+volatility+as+a+worry.+A+lack+of+transparency+and+an+absence+of+other+creditable+fund+managers+in+the+space+are+other+key+areas+where+institutions+are+concerned+about+the+space.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AAccording+to+the+CEO+and+co-founder+of+Nickel+Digital+Asset+Management+Anatoly+Crachilov%2C+the+institutional+adoption+of+cryptocurrency+is+slow+despite+the+market+showing+%22%3Cem%3Every+strong+progress+on+that+front%3C%2Fem%3E.%22+On+this%2C+he+noted+that+the+increase+of+other+institutions+in+the+space+might+lead+to+greater+infrastructure%2C+increased+confidence+and+more+adoption.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AHe+continued%3A+%22%3Cem%3EWe+are+now+seeing+Fidelity%2C+BNY+Mellon%2C+and+State+Street+entering+the+market%2C+thus+further+reinforcing+market+infrastructure.+All+of+this+increases+the+confidence+levels+in+the+sector+and+lead+to+ever-growing+allocations+to+this+fast+developing+asset+class.%22%3C%2Fem%3E%0A%3Cdiv+class%3D%22article-subscription-widget%22%3E%0A%3Cdiv+class%3D%22article-subscription-widget__form%22%3E%3C%2Fdiv%3E%0A%3C%2Fdiv%3E","timeout":15}