Investment in crypto and blockchain hit $30 billion in 2021, more than the three previous years combined, according to a new report by KPMG. By JamieCrawleyCD
The accounting firm's biannual "Pulse of Fintech" report says investment in crypto and blockchain surged to $30 billion in 2021.Investment in blockchain and cryptocurrency last year exceeded the total for the three previous years combined, according to a report by KPMG.finds that investment in crypto and blockchain surged to $30 billion in 2021.Last year's total was reached across 1,332 deals, beating the previous record of 901 in 2018.
KPMG highlights the different approaches to crypto from different jurisdictions, specifically with regard to China's ban on bitcoin mining and trading as well as the threat that India would follow suit. As a result, crypto interest plummeted in Asia while picking up significantly elsewhere. According to the report, there is"growing interest in the broad spectrum of blockchain opportunities, including the ability to use blockchains to support collaborative multi-jurisdictional activities – combining data, research and analysis related to a critical task into a single ledger for all.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nov. 2021: Parents push for audit of Texas school's explicit booksDuring a Katy ISD board meeting, several parents at the Texas school expressed their concerns about sexually explicit books found in the classrooms. One parent said, “There are hundreds of books that we need to audit out of our libraries right now.” KPRC’s Sofia Ojeda reports.
Read more »
Nordic Box Office in 2021: ‘No Time to Die” Keeps Screens Alive2021 was another annus horribilis for cinemagoing in the Nordics, due to on-going and strict Covid restrictions that halved admissions compared to pre-pandemic levels. Released late September/early…
Read more »
‘The Power of the Dog’ Named Best Film of 2021 By London Critics’ CircleThe film landed four awards — including best director, best actor and best supporting actor — while Andrew Garfield was named British/Irish actor of the year.
Read more »
'Parasite' Director Bong Joon-Ho Shares His Favorite Movies of 2021'Parasite' Director Bong Joon-Ho shares his favorite films of 2021 including 'Drive My Car' and 'Don’t Look Up'.
Read more »
IRS: Things to consider before filing your 2021 taxesIt's important to have your necessary documents and know which credits you qualify for when filing taxes each year.
Read more »
Jane Campion's 'The Power of the Dog' Named Best Film of 2021 by London Critics' CircleThe London Critics' Circle named 'The Power of the Dog' the Best Film of 2021.
Read more »