#CryptoUsersHit18M

Cryptocurrencies are part of the future of the financial system thanks to their reliance on blockchain technology that enables security and transparency. Cryptocurrencies are expected to see greater spread with their adoption in daily transactions and the expansion of the uses of decentralized finance (DeFi) and non-fungible tokens (NFTs).

Factors affecting the future:

1. Central bank digital currencies (CBDCs): will increase government reliance on digital currencies.

2. High volatility: remains an obstacle to stability.

3. Regulation: Countries around the world are moving towards imposing laws to regulate the market and protect investors.

4. Security and technology: Developing more secure systems and integrating artificial intelligence with blockchain.

Cryptocurrencies have huge opportunities, but their success depends on facing challenges such as volatility and government oversight.