The future of cryptocurrency:
- The crypto market is expected to expand, reaching $51.5 billion in 2024 and $71.7 billion by 2028.
- Widespread adoption of digital currencies is expected, with increased use in mainstream finance, Web3, and the global digital transformation.
- Blockchain technology will continue to play a key role in the financial sector.
- Central Bank Digital Currencies (CBDCs) may be established in several countries.
- Traditional finance (TradFi) and decentralised finance (DeFi) may converge, leading to improved financial systems.
- Regulation in the crypto market is expected to increase, improving the crypto ecosystem.
- Digital currencies will gain greater adoption from governments, banks, businesses, and consumers.
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