The crypto industry had ups and downs in 2023. Despite the significant challenges, the market has been resilient so far with the overall capitalization showing a minor growth. Regulatory control became stricter, enhancing reliability and paving the way for institutional adoption. On a global scale, central banks continued their efforts to introduce Central Bank Digital Currencies (CBDCs), with countries like China, Hong Kong, and Japan actively participating in this initiative. Moreover, traditional trading venues started listing crypto assets. Specifically, BlackRock is poised to offer Bitcoin ETFs for trading, and several major banks are following suit. So, the mass adoption of crypto is in full swing, and in these circumstances it is crucial to stay well-informed of the current trends.
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