I think most institution study it and they realize the possibilities and important of blockchain overall.
yes, i feel the lag between this surge in global adoption and when they never reacted was used to conduct proper research regarding the prospects of the blockchain technology.
This is what i have been saying that when you dont understand a thing, you should research about it. I still feel that some countries that are bannng crypto exchange have not properly studied the underlying technology-the blockchain.
I enjoin countries like Nigeria, India and others should set up a team to study what the future of cryptocurrency and blockchain will look like .