According to findings from a study conducted by Crypto.com on Global Crypto Owners, there are currently 295 million people using cryptocurrency around the world, which represents 4% of the total population.
According to the study, which was carried out by Crypto.com’s research team, which is one of the most advanced in the industry, the total number of crypto users worldwide climbed by 178% in 2021, reaching approximately 300 million
People who have heard of cryptocurrency are expected to increase from an average of 67.7% in 2019 to 83.7% in 2022, representing a 16.0% increase, according to a survey that was conducted by Triple A and included 5000 respondents from South Africa, the United Kingdom, France, Germany, and the United States.
Despite the turbulent year that the market has had, there is a clear and quick increase in people’s awareness of cryptocurrencies.
According to Changpeng Zhao (CZ), CEO of Binance, most governments are aware that the adoption of cryptocurrencies will take place regardless of what they do. The creator of Binance underlined that it is more effective to work toward regulating the business rather than working toward combating it.
The last two months too much has happened. I think now we see the industry is healthier. Just because FTX happened it does not mean that every other business is bad.
In other news pertaining to this topic, El Salvador’s Minister of the Economy, Maria Luisa Hayem Brevé, has proposed a measure that would authorize the issuance of digital assets. The extensive paper explains the formal establishment of a legal framework for the adoption of all cryptocurrencies in El Salvador.