Ernst & Young predicts that the size of cryptocurrency games will increase 30-fold over the next 10 years.

According to the news on December 14, services expert Ernst & Young (EY) said that with the right rules and regulations, this popular market could grow 30 times in ten next year.

According to an Ernst & Young model projected by Nasdaq-listed bitcoin mining and management company Mawson Infrastructure Group, the cryptocurrency industry will grow from $ 2.1 billion this year to around $ 68 billion. $ 4 billion in 2030. I see it.

The number of employees may increase from 11,600 today to 205,700 as the industry develops new specialist jobs in consulting sectors such as software development, financial management (DeFi), law and business . Ernst & Young's model shows that despite the lack of a "way to grow" with favorable winds, the crypto industry is still worth $ 44.7 billion and could hire 134,500 people by 2030.

But meeting this deadline still requires the support of attractive and international tax regimes and environmental regulators and interferes with technology.

In fact, this is not the first time that Ernst & Young has predicted and judged the growth of the crypto industry. A survey conducted by Ernst & Young in November this year found that 31% of financial advisers and 24% of other investors are considering adding cryptocurrencies to their portfolio. Investments or investments between $ 2 billion and $ 10 billion will most likely enter the cryptocurrency market. Only 7% of other financial executives and investors polled by Ernst & Young Research said they or their company had "crypto assets" in their data.

In September of this year, Paul Brody, global blockchain manager at Ernst & Young, said some large banks would start offering “selected DeFi (decentralized finance) services” over the next three months. . In addition, the financial firm Ernst & Young Global said it is developing technology and developing procedures for certain large banks and other large financial institutions to symbolize financial services such as real estate, contracts and real estate. Asset tokenization refers to the process of publishing digital tokens on a blockchain to represent a digital or physical device that an entity may have a part of.