99% of Major Company CFOs Say 'Adoption of Cryptocurrency Is Inevitable in the Long Term'

JOON HYOUNG LEE

Summary

According to a Deloitte survey, 99% of CFOs at major companies with sales over $1 billion indicated that adopting cryptocurrency is inevitable in the long term.
23% of respondents stated they plan to use cryptocurrency as an investment and payment method within the next two years.
37% of CFOs have already held discussions about digital assets with the board of directors, and 41% have done so with the CIO.

99% of Chief Financial Officers (CFOs) at major companies foresee that adopting cryptocurrency is inevitable in the long term.

According to Cointelegraph on the 31st (local time), Deloitte, one of the Big Four global accounting firms, has recently presented the results of a survey reflecting these findings. The survey was conducted in the second quarter with 200 CFOs working at companies with sales exceeding $1 billion.

Specifically, 99% of respondents stated they would utilize cryptocurrency in their business in the long run. Two out of ten respondents (23%) replied they plan to use cryptocurrency as an investment and payment method within the next two years. Cointelegraph reported, "For CFOs of companies with sales exceeding $10 billion, this figure rises to around 40%."

It was also found that many companies have already held internal discussions to introduce cryptocurrency. Four out of ten CFOs who participated in the survey (37%) stated they discussed digital assets with their board of directors. 41% of respondents said they discussed digital assets with their Chief Investment Officer (CIO). Only 2% of respondents answered that there had been no internal discussions regarding digital assets.