The crypto market is experiencing a strong end of 2021 and the current 1-month low does not change anything. Various digital currencies – including Bitcoin – hit new highs.
The question is: will we see an increasing acceptance of cryptocurrencies by investors, institutions and even governments in the next year? Indeed, for most analysts and observers, 2022 will be yet another year of increasing cryptocurrency adoption.
In addition, Bitcoin is basically threatened with hardship, from the supervisory authorities. For example, in China, where crypto assets are seen as a threat to financial stability, the monetary authorities only recently banned the use of digital currencies for payment purposes on the grounds that they were not real currencies. In addition, financial and payment service providers were prohibited from displaying products or services in digital currencies.
