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Crypto.com reveals a list of forecasts for 2022, saying that one sector will dominate the industry

Crypto exchange giant Crypto.com has had a huge year for digital assets and makes predictions for the future.
In a sprawling document posted on Crypto.com’s research page, the exchange’s research team predicts another launch of crypto in 2022 – led by one sector in particular.

First, the stock market giant predicts that the number of international crypto users “will reach 1 billion by the end of 2022”.

“Nations can no longer afford to ignore the growing public urge towards crypto. We can expect a friendlier attitude towards the crypto industry in many cases:

We expect the developed nations to develop clear legal and tax frameworks for crypto assets.

In parallel, more nations facing highly inflationary economies and a depreciating currency could follow the example of El Salvador Cryptocurrency as legal tender. “
Source: Crypto.com Research
Next, the research team at Crypto.com predicts that cryptos will become an integral part of traditional financial portfolios.

“Crypto is becoming an integral part of the alternative asset class for investment portfolios.

The first crypto ETFs launched this year encountered demand beyond their capacity, suggesting that more crypto instruments will soon follow in the mainstream financial industry.

Bitcoin and Ethereum Spot ETFs [exchange-traded funds] as Valkyrie got approval earlier this year.

Traditional banks and finance houses like Morgan Stanley, Citi, Goldman Sachs, JP Morgan, E&Y, Bank of America and Credit Suisse are looking to partner with crypto exchanges to integrate crypto into their core services from payments to transfers to investments. “
Crypto.com reveals a list of forecasts for 2022, saying that one sector will dominate the industry, Crypto Trading NewsSource: Crypto.com Research
The exchange’s research team expects the mass adoption of crypto to be driven in part by the acceleration of one crypto sector in particular: the ever-growing world of non-fungible tokens (NFTs), of Blockchain-Gaming and the metaverse.

“The Metaverse grew exponentially in 2021, paving the way for the evolution of online culture through NFTs, games, and online identities. It is emerging as a gateway for crypto adoption by non-locals.

We predict that GameFi / Play-to-Earn will be one of the main tools for mass conversion to crypto space, with traditional game studios struggling to incorporate these elements into their existing lineups.

With the Web 2.0 tech giant Facebook, now Meta, peering into the Metaverse and using it as a place for monetization, we expect more to follow.

NFT collectibles are booming, with NFT profile pictures as a stepping stone between the metaverse and the real world as space matures. “
Crypto.com reveals a list of forecasts for 2022, saying that one sector will dominate the industry, Crypto Trading NewsSource: Crypto.com Research
Read the full Crypto.com report here.
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Source: Crypto News Deutsch

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