A number of leading financial institutions have expressed fears that cryptocurrencies such as bitcoin could play a potentially disruptive role in the world's financial sector.

On Tuesday, the pioneering cryptocurrency platform announced that Enjin’s ENJ Coin has been addedto their Wallet & Card App alongside bitcoin (BTC), ether (ETH), Litecoin (LTC), Binance Coin (BNB) and XRP.

Financial analysts are predicting that Switzerland is set to become the global epicenter for the forthcoming cryptocurrency and blockchain technology that it is built on. Reports have emerged that investors are flocking to the affluent Alpine nation in an effort to get in on the virtual action.

The UK’s Financial Conduct Authority has raised concerns about the cryptocurrency market and has warned the public of the threats involved with unregulated cryptocurrencies.

US telecommunications colossus AT&T has been issued with a $224m lawsuit after an investor in cryptocurrency accused the US operator of engaging in fraudulent and gross negligence in relation to the theft of digital currency.