The number of cryptocurrency users will exceed 1 billion by the end of 2022

According to a report by Crypto.com, the global cryptocurrency population will increase by 178% in 2021, from 106 million in January to 295 million in December. The number of cryptocurrency users is expected to exceed 1 billion by the end of 2022. The report explained that cryptocurrency adoption in the first half of 2021 was “significant,” adding that the main driver of growth was Bitcoin. Additionally, “Countries can no longer ignore the growing public push towards cryptocurrencies. In many cases, we may expect a more friendly stance towards the crypto industry. Developed countries are expected to have clear laws for crypto assets, notes Crypto.com And tax frameworks, taking El Salvador as an example, more countries facing high inflationary economies and currency devaluation may adopt cryptocurrencies as legal tender.