Global crypto owners are expected to exceed 1 billion this year-featured
Global crypto owners are expected to exceed 1 billion this year-featured
According to a report by Crypto.com, the number of global crypto owners will probably exceed a billion by the end of the year. "Nations can no longer afford to ignore the growing advance of the public towards crypto. In many cases we can expect a friendlier attitude towards the crypto industry," said the company.
According to the report, there will be more than 1 billion crypto owners worldwide this year
crypto.com has published its "crypto market size" test report last week with an analysis of the global introduction of cryptocurrencies.
The global crypto population rose by 178 % in 2021 and rose from 106 million in January to 295 million in December, as the analysis shows and explains:
The number of crypto users should exceed the billion border by the end of 2022.
The report explains that the introduction of crypto in the first half of 2021 was "remarkable" and adds that the main driver of growth was Bitcoin.
In addition, nations can no longer afford to ignore the growing advance of the public to cryptography. In many cases, we can expect a friendlier attitude towards the crypto industry, "says the report.
"We expect the developed nations to develop clear legal and tax framework for crypto-assets," remarked Crypto.com and added:
Other nations that are faced with a strong inflationary economy and a currency losing value could introduce cryptocurrencies as legal means of payment according to the example of El Salvador.
In addition to the US dollar, Bitcoin introduced
el Salvador as a legal means of payment. Since then, the country has been bought 1.801 Bitcoin for its treasury. However, the International Monetary Fund (IMF) is concerned and did it and did it pushed el Salvador to fall bitcoin as national currency.
Despite the Bitcoin posture of the IMF, several people have predicted that other countries will make cryptocurrency a legal means of payment this year, including the President of Salvador Nayib Bukele . This was said to have recently told the Finanzriese Fidelity other sovereign nation states are expected this year "As a form of insurance".
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