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Fortune
Fortune
Catherine McGrath

Fidelity predicts countries and central banks that once avoided Bitcoin will start buying it in 2025

(Credit: Jonathan Raa/NurPhoto—Getty Images)

Governments worldwide will finally overcome years of reticence about buying Bitcoin and start pouring money into the cryptocurrency in 2025, according to a new report.

If the prediction published Tuesday by asset manager Fidelity turns out to be correct, it would mark a huge change in how most countries deal with Bitcoin. Since the cryptocurrency was created 16 years ago, many nations have opposed creating Bitcoin reserves alongside their traditional stockpiles of foreign currency and gold because of the perceived risk and lack of regulatory clarity.

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