“Many people will be suspicious of crypto, while others will want to know if it is a good thing or a bad thing,” said Green.
As businesses double down on their security in the GDPR age, many are considering how they can use Blockchain to provide an additional layer of security, in part due to the technologies incorruptible nature.
The other 15 countries lay somewhere in the middle, largely declining to regulate them directly, stating that bitcoin and other cryptocurrencies fall under a legal gray area and warning investors against investing in them.
The underlying fund, the Luxembourg-domiciled Axa World Funds Framlington Robotech Fund, launched in 2017 and has an AUM of $970.1m as of today, according to FE Analytics.
In the same way that the Cayman Islands has innovated to stay ahead of the curve in other areas, it must ensure that it leverages new technologies such as blockchain, writes Daniella Skotnicki from Harneys.