Survey: CFOs Think Bitcoin Is ‘Real’ But Are Divided on Price

Chief financial officers (CFOs) around the world seem to distrust bitcoin, according to a CNBC survey published Tuesday.

CNBC received 43 responses from their Global CFO Council to a survey about their views bitcoin, with 12 of these respondents stating that it was “real but in a bubble,” and a further six saying it was “real and still going higher,” according to their results.

Another 12 respondents said they believe bitcoin is a fraud, with the remainder responding that they do not know enough about the cryptocurrency to say anything.

More CFOs in Europe, the Middle East and Africa think bitcoin is in a bubble than in the United States or the Asia-Pacific regions, according to the survey. Similarly, more CFOs in the former areas responded with the “fraud” moniker.

Roughly 21% of American CFOs think bitcoin is in a bubble, compared to about 29% in the Asia-Pacific area…

Read Full: Survey: CFOs Think Bitcoin Is ‘Real’ But Are Divided on Price – CoinDesk