Over the past few year, factors such as Fluctuations in Monetary Regulations
have contributed to the development of the Global Cryptocurrency market.
Undoubtedly, High Remittances in Developing Countries
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Cryptocurrency market is expected to make a significant contribution growing at a CAGR of 6.25%.
AMA research has engaged in the competitive assessment of China & Global Cryptocurrency Players for 5 years. The Top 10 Competitive Players in the Cryptocurrency in 2021 clearly displays the competitive situations of main Cryptocurrency Playersin 2021. The research shows that companies in top 10 list are divided up by dominating countries, namely, United States occupying half of the list showcasing strong market competitive advantage.
With the multiple advantages of technology, cost and service, many major Players such as Bitmain (China), Robinhood Crypto (United States), NVIDIA (United States), Xilinx (United States), Intel (United States), Advanced Micro Devices (AMD) (United States), Ripple (United States), Bitfury (Netherlands), Ethereum Foundation (Switzerland), CoinBase (United States), BitGo (United States) and Cryptowire (United Kingdom) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Cryptocurrency industry. It is understood that currently domestic Cryptocurrency players has been massively used by players in North America.This framework should serve as a basic structure to support the strategic decision-making process for industry players. For instance, the question of whether a Players wants to expand into other areas of the market value chain fundamentally determines its strategy.
"The US Treasury has emphasized an urgent need for crypto regulations to combat global and domestic criminal activities. In December 2020, FINCEN proposed a new cryptocurrency regulation to impose data collection requirements on cryptocurrency exchanges and wallets. The rule is expected to be implemented by Fall 2022, and would require exchanges to submit suspicious activity reports (SAR) for transactions over USD10,000 and require wallet owners to identify themselves when sending more than USD3,000 in a single transaction."
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Cryptocurrency market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Data Triangulation The overall Cryptocurrency market size is calculated using market estimation process, the Cryptocurrency market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cryptocurrency market size has been validated using both top-down and bottom-up approaches.