A lot of people have cryptos
We are all quite fans of cryptos, because never so many people have owned such a coin.
In recent years, cryptos have been in the news a lot. Sometimes positive, sometimes negative. But people are afraid of missing out on profits and are buying digital coins en masse. According to a report from Crypto.com, the number of global crypto owners is expected to exceed one billion by the end of the year.
People with cryptos
That is of course a lot. “Nations can no longer afford to ignore the growing public pressure on cryptocurrencies. We can expect a friendlier attitude towards the crypto industry in many cases,” the company said. Crypto.com released its “Crypto Market Sizing” report last week that analyzes the global adoption of cryptocurrency.
The global crypto population has increased by 178% in 2021, from 106 million in January to 295 million in December, the analysis shows: The number of crypto users is expected to exceed one billion by the end of 2022. The adoption of the coins was remarkable in the first part of 2021, when the main growth engine was Bitcoin.
Can not be ignored
The research also focuses on governments. They can no longer ignore cryptocurrencies. The stakes are simply too great. Therefore, according to the authors of the study, countries should be “friendlier” towards the crypto industry. “We expect developed countries to come up with clear legal and tax frameworks for crypto assets,” the report said. With this, people are better protected against ‘shitcoins’, but the coins retain the widely acclaimed freedom. Whether that can become a reality remains to be seen.
