BNPL To Reach $111.2 Billion in Volume by 2029 and other Digital Transactions News briefs from 12/27/24

The worldwide market for buy now, pay later will grow to a volume of $112.36 billion by 2029, up from $32.89 billion in 2023, representing a compound annual growth rate of 22.5%, according to the “Buy Now Pay Later Platform Market” report from Research and Markets. Challenges the market faces include regulatory scrutiny and compliance as well as credit risk management, according to the report.
The cryptocurrency exchange Bitget said it has merged its two native tokens, Bitget Token and Bitget Wallet Token, into a single coin called BGB. Bitget Token is the 16th largest cryptocurrency by market capitalization, at $11.8 billion, according to Coinmarketcap.com.

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