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Over 80% of Fortune 500 Companies Exploring or Deploying Web3 Initiatives Despite US Regulatory Pressure

June 22 (Cointime) - A new study by Coinbase has found that despite increasing regulatory pressure in the US, over 80% of Fortune 500 companies are either exploring or actively implementing Web3 initiatives.

The report also reveals that finance, technology, and retail sectors are the most prominent adopters of crypto technology, with infrastructure development, supply chain management, and data collection being the most popular areas of interest.

However, the report also highlights concerns that the lack of clear rules and regulations around blockchain technology is hindering further adoption, and that the US may lose its competitive advantage in the field if it does not implement favorable policies.

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