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Wednesday, October 08, 2025
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Banks and Brokers Catch Fintech Trends

It’s amazing how the financial technologies penetrated the mainstream perception. For example, blockchain has long been just a technology behind Bitcoin. But in 2016 everything has changed, as many companies realized its potential to transform financial industry. And in 2017, its popularity is gaining momentum.

According to the World Economic Forum, around 80% of banks are actively working on blockchain projects. Moreover, blockchain startups attract billions of dollars in investments, helping the technology to advance rapidly.

And of course, crypto currency is the main trend of Fintech world. In 2009, there was only Bitcoin in the crypto market, and right now, according to unofficial estimates, the number of digital currencies exceeded 1,000.

The demand on this class of assets is amazing, and the only problem for now is not volatility, but the lack of companies ready to offer crypto liquidity. Crypto brokers, crypto exchanges and crypto exchange offices may become the key trends of the coming years.

For example, there are about 7,000 forex brokers, but only 150 crypto exchanges. Given the existence of more than 1,000 cryptocurrencies, the trend is obvious – the number of crypto exchanges will be growing much faster in the coming years.

Apparently, the customers want to have the opportunity to exchange one asset into the other. You exchange your Dollars into Bitcoins, and then into Ethereum. Right now you only Japan regulates the process of exchanging the fiat currency into crypto assets and vice versa.

Forex brokers have already noticed the trend, and are working on the extension of its asset assortment, and product expansion. Right now, about 20-30 brokers offer the opportunity to trade crypto currencies. However, we expect the rapid growth in this field, as traders establish the rules. They demand the service, and brokers will have to respond.

Сomments Artur Azizov, B2Broker Director General

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