KUALA LUMPUR (Jan 24): Global crypto users could reach one billion by the end of 2022. In a report last Wednesday (Jan 19), Singapore-based cryptocurrency exchange app Crypto.com said at present, global crypto owners are nearing 300 million. In the report titled “2021 Crypto Market Sizing Report & 2022 Forecast”, the firm noted that it expects the number of global crypto owners to reach one billion by end-2022. Crypto.com noted that in 2021, the number of global crypto owners almost tripled from 106 million in January to 295 million in December. “If we extrapolate a similar rate of increase in 2022, we are on track to reach one billion crypto users by the end of 2022,” it said.

Source: The Edge Markets January 24, 2022 09:59 UTC