61% of Luxembourg financial players to embark on crypto journey in 2022: PwC

After years of feeling skeptical about crypto, traditional investors in Luxembourg are finally warming up to the idea.

Thomas Campione, blockchain & crypto-assets Leader for PwC Luxembourg, told Cointelegraph that “For many years, traditional players have been looking at crypto-assets with skepticism.” He added that a possible combination of “branding issues” and a lack of understanding may have stymied growth in the space in the past.“It is becoming clear, however, that 2022 shall be a pivotal year when it comes to crypto-assets management.

The report shares that the “rate at which the global crypto-assets industry is undeniable,” and attempts to use Luxembourg as a “lens” through which one can gain a better understanding of the nascent asset class. The only Grand Duchy in the world, Luxembourg is a tiny European country that punches well above its weight in the financial services and blockchain industries. In 2021, the PM declared his desire for Luxembourg to

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