Blockchain CEO: Central Banks Will Hold Bitcoin and Ether in 2018

Peter Smith, the CEO of Blockchain, the second most widely utilized cryptocurrency wallet behind Coinbase, stated that central banks will begin to hold major digital currencies like bitcoin and Ethereum’s native token Ether in 2018.

“I think this year will be the first year we start to see central banks start to hold digital currencies as part of their balance sheet. Bitcoin is already a top 30 currency by supply, and this trend, and pressure to hold digital currency as part of reserves will only accelerate as the price rises,” said Smith.