Corporate Blockchain Advocacy Despite Setbacks: NCPPR Stands Firm on Promoting Adoption

Title: Despite Rejection by Microsoft, NCPPR to Continue Pushing for Corporate Adoption of Bitcoin

In a surprising move, the National Cryptocurrency Policy Research (NCPPR) has announced plans to continue pushing for corporate adoption of Bitcoin despite a crushing defeat at Microsoft. The news comes as a shock to many in the cryptocurrency community who had been expecting the think tank to reconsider its stance after being rejected by one of the world’s largest technology companies.

As reported by U.Today, more than 99% of MicroSoft shareholders voted against assessing investing in Bitcoin, a move that was seen as a major blow to proponents of cryptocurrency adoption. However, the NCPPR has refused to back down, citing its commitment to promoting the benefits of blockchain and cryptocurrencies for businesses.

In an interview with the Washington Post, the think tank’s representatives stated that they are undeterred by the setback at Microsoft and will continue to advocate for corporate adoption of Bitcoin and other digital assets. The organization claims to have received no financial support from any cryptocurrency-focused groups, indicating a commitment to promoting blockchain-based technologies regardless of financial backing.

While many industry experts had written off the NCPPR’s proposal as dead in the water after the Microsoft rejection, the think tank’s determination is likely to be seen as a positive development for those seeking to expand the adoption of Bitcoin and other digital assets.

The news comes at a time when many were already anticipating a shift towards greater corporate acceptance of cryptocurrencies.

Source: u.today