Bitcoin to Appear in Your Textbook: CFA Institute Adds Crypto, Blockchain to Curriculum

CFA Institute has recently announced its plan to include crypto-related topics in a new curriculum which many pundits consider to be a turning point in Blockchain mainstream adoption. First materials for preparation are expected to be released as soon as 2019.       

Important additions

Educational programs provided by CFA Institute are very reputable around the globe. The organization currently has more than 140,000 members worldwide.
CFA acknowledges that the topic of Blockchain seems inescapable after Bitcoin’s rapid surge in 2017 and the appearance of countless new Blockchain startups. Consequently, it will be featured in readings for Level I and Level II students.
CFA also makes emphasis on legal ethics in the crypto world. Bitcoin’s reputation (despite legal recognition in many major markets) is still far from immaculate. Not to mention that many new ICOs do not generally comply with KYC and AML regulations and, therefore, they are a boon to shady financial operations.  
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Besides cryptocurrencies, the updated CFA will also feature such subjects like AI, big data and automated trading systems. Studying these subjects is crucially important to keep in touch with the latest fintech trends.

Why it matters?

Obviously, this decision reflects the growing popularity of cryptocurrencies along with its ongoing legitimization. One also has to consider the fact that a substantial portion of CFA’s students come from Asia where the crypto industry is currently thriving.          
While many businesses are still reluctant to implement the Blockchain tech, the fact that CFA students are going to study cryptocurrencies on a professional level shows that the technology has a visible impact on the modern financial system. Global education will make sure that Bitcoin and decentralization truly go mainstream in a matter of years.