Latest report: More than 100 million people use crypto assets worldwide, mining pools are active users of Asian cryptocurrency exchanges

Latest report: More than 100 million people use crypto assets worldwide, mining pools are active users of Asian cryptocurrency exchanges

The latest research report from the Cambridge Centre for Alternative Finance shows that the number of users holding cryptocurrencies is growing exponentially. Currently, more than 100 million people worldwide are using crypto assets, an increase of 189% from two years ago (35 million at that time).

According to Cryptonews, the authors of the research report, Blandin and others, believe that reducing anonymity will help researchers easily identify crypto users and the fact that many crypto users are now using multiple crypto wallets. (Note: The number of authenticated crypto users has soared from 35 million to 191 million, of which 101 million have only one account)
"The 189% increase in the number of users is likely due to an increase in the number of accounts (up 37%) and an increase in the number of accounts associated with personal identity systems."
In addition, the results of the study show that the vast majority of cryptocurrency holders are not active, especially those outside of Europe and North America. "40% of users in Europe and North America are active, while users in Asia and Latin America are active at 16% and 10% respectively."
It is worth noting that the research report also pointed out that 41% of cryptocurrency companies in the Asia-Pacific region provide services to miners; crypto asset service providers mainly serve crypto asset hedge funds (37%), online merchants (30%) and miners (27%); mining market participants (especially mining pools) are active users of Asian cryptocurrency exchanges.
As of press time, BTC is quoted at $10,694 on Coco Finance, up 1.39% in 24 hours. (Mars Finance)

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