Cryptocurrency Q&A Why are blue-chip companies avoiding crypto?

Why are blue-chip companies avoiding crypto?

JamesBrown JamesBrown Sat Feb 15 2025 | 7 answers 1578
I've noticed that many blue-chip companies seem to be avoiding investing or dealing with cryptocurrencies. I'm curious about the reasons behind this trend. Why would these established, financially stable companies steer clear of crypto? Why are blue-chip companies avoiding crypto?

7 answers

Lucia Lucia Mon Feb 17 2025
This lack of clear regulatory guidance has deterred businesses from using crypto as a payment method.

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DigitalDukedom DigitalDukedom Mon Feb 17 2025
The primary reason for this avoidance is the volatility of bitcoin and other tokens.

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Carolina Carolina Mon Feb 17 2025
This volatility makes them impractical for use in daily commerce.

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CryptoTitan CryptoTitan Mon Feb 17 2025
The price fluctuations are too extreme for them to serve as a stable means of exchange.

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Tommaso Tommaso Mon Feb 17 2025
Blue-chip companies have largely refrained from adopting cryptocurrency.

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