Over the course of the pandemic alone, the total market cap for cryptocurrency has increased from approximately US$150 billion to US$2.5 trillion. [1] Looking forward, the market is expected to grow at a compounded annual growth rate of 60.8% between 2021-2026. [2] Regardless of whether you believe in the widespread adoption of cryptocurrency as a form of money, the immense growth of the crypto marketplace reflects a permanence for crypto as a type of financial asset that’s going to continue to interest people in the years to come.
We provide a summary of crypto lending and eight examples of legal considerations crypto lenders should take into account before offering a crypto loan. Read more here.
[1] https://coinmarketcap.com/charts/ filtered to compare dates from March 16, 2020 to October 18, 2021.
[2] Global Cryptocurrency Market (2021 to 2026) – Industry (globenewswire.com)
