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It would not be an exaggeration to call 2023 the game-changing year for crypto! The momentum was evident with an enhanced regulatory landscape and growing global adoption. At the G-20 summit, nations showcased their commitment to the digital financial future, emphasizing the need for cohesive crypto regulations. Notably, Bitcoin reached a notable $40,000 mark as the year concluded. For crypto experts, 2023 validated their beliefs. Factors like institutional interest, market recovery, and the buzz around Bitcoin ETFs took center stage.
¡No sería exagerado decir que 2023 será el año decisivo para las criptomonedas! El impulso fue evidente con un panorama regulatorio mejorado y una creciente adopción global. En la cumbre del G-20, las naciones mostraron su compromiso con el futuro financiero digital, enfatizando la necesidad de regulaciones criptográficas coherentes. En particular, Bitcoin alcanzó una notable marca de 40.000 dólares al concluir el año. Para los expertos en criptografía, 2023 validó sus creencias. Factores como el interés institucional, la recuperación del mercado y los rumores en torno a los ETF de Bitcoin ocuparon un lugar central.
Let’s explore the key events that shaped 2023 in the crypto world.
Exploremos los eventos clave que dieron forma al año 2023 en el mundo de las criptomonedas.
Reflecting on Crypto’s Vibrant Journey
Reflexionando sobre el vibrante viaje de Crypto
Anything can happen in a year when it comes to crypto! The year began with a solid $1 trillion market cap, reflecting renewed investor optimism. The industry forged ahead amid challenges, including crypto setbacks, company closures, regulatory shifts, and product innovations. As 2023 wraps up, Bitcoin’s upward momentum stands out. Coinpedia’s ‘Top News of 2023’ offers a comprehensive overview of these critical developments, ensuring readers are well-informed.
¡Cualquier cosa puede pasar en un año cuando se trata de criptomonedas! El año comenzó con una sólida capitalización de mercado de 1 billón de dólares, lo que refleja un renovado optimismo de los inversores. La industria avanzó en medio de desafíos, incluidos reveses criptográficos, cierres de empresas, cambios regulatorios e innovaciones de productos. A medida que termina 2023, se destaca el impulso ascendente de Bitcoin. Las 'Noticias principales de 2023' de Coinpedia ofrecen una descripción general completa de estos desarrollos críticos, lo que garantiza que los lectores estén bien informados.
2023 Highlights: A Global Overview
Aspectos destacados de 2023: una visión global
Forecasts indicate the crypto market could grow by USD 1.81 billion from 2022 to 2027. Let’s delve into the contributions of various regions to this growth and spotlight notable developments that influenced their crypto landscapes.
Los pronósticos indican que el mercado de las criptomonedas podría crecer 1.810 millones de dólares entre 2022 y 2027. Profundicemos en las contribuciones de varias regiones a este crecimiento y destaquemos los desarrollos notables que influyeron en sus paisajes criptográficos.
- Crypto in the United States of America
Cripto en los Estados Unidos de América
- The United States stands as a dominant force in the global crypto arena, generating a revenue of US $17,960 million in 2023 alone.
- Notably, US-based crypto enterprises ramped up their lobbying efforts, allocating $18.96 million within the initial three quarters of 2023—a figure surpassing their total spend for the entire 2022.
- In the aftermath of the FTX incident last year, numerous crypto entities have been enhancing their presence in Washington to bolster their public image.
- However, the year brought challenges, with Sam Bankman-Fried facing fraud charges from the Manhattan federal court.
- Amidst intensifying regulatory oversight by the U.S. Securities and Exchange Commission (SEC), the industry witnessed heightened lobbying activities, especially after the SEC’s legal actions against Coinbase and Binance in June 2023.
- The tide turned in favor of the crypto sector in July 2023 when the House of Representatives passed two pivotal bills, bringing clarity to existing crypto regulations.
Estados Unidos se erige como una fuerza dominante en el ámbito mundial de las criptomonedas, generando unos ingresos de 17.960 millones de dólares solo en 2023.
En particular, las criptoempresas con sede en EE. UU. intensificaron sus esfuerzos de cabildeo y asignaron 18,96 millones de dólares en los tres trimestres iniciales de 2023, una cifra que supera su gasto total para todo 2022.
A raíz del incidente de FTX el año pasado, numerosas entidades criptográficas han estado mejorando su presencia en Washington para reforzar su imagen pública.
Sin embargo, el año trajo desafíos, y Sam Bankman-Fried enfrentó cargos de fraude por parte del tribunal federal de Manhattan.
En medio de una intensificación de la supervisión regulatoria por parte de la Comisión de Bolsa y Valores de EE. UU. (SEC), la industria fue testigo de un aumento de las actividades de lobby, especialmente después de las acciones legales de la SEC contra Coinbase y Binance en junio de 2023.
La marea cambió a favor del sector criptográfico en julio de 2023, cuando la Cámara de Representantes aprobó dos proyectos de ley fundamentales, aportando claridad a las regulaciones criptográficas existentes.
- Crypto in Europe
Cripto en Europa
- Europe boasts a substantial crypto user base, with approximately 31 million users within the European Union.
- Noteworthy regions leading the crypto charge include Ukraine, Turkey, and Russia, trailed by the UK and Spain.
- The Netherlands emerged as a pivotal international crypto hub in 2023.
- The year witnessed a landmark moment in May when Europe introduced the world’s inaugural comprehensive regulatory framework for crypto assets, propelling industry growth.
- Further, the EU rolled out new tax regulations in October, mandating crypto firms to disclose customer holdings to tax authorities automatically.
- Concluding the year on a positive note, Robinhood Markets extended its crypto trading services to EU customers, offering access to over 25 cryptocurrencies sans commissions.
Europa cuenta con una importante base de usuarios de criptomonedas, con aproximadamente 31 millones de usuarios dentro de la Unión Europea.
Las regiones destacadas que lideran la carga criptográfica incluyen Ucrania, Turquía y Rusia, seguidas por el Reino Unido y España.
Los Países Bajos emergieron como un centro criptográfico internacional fundamental en 2023.
El año fue testigo de un momento histórico en mayo, cuando Europa introdujo el primer marco regulatorio integral del mundo para los criptoactivos, impulsando el crecimiento de la industria.
Además, la UE implementó nuevas regulaciones fiscales en octubre, obligando a las empresas de cifrado a revelar automáticamente las tenencias de los clientes a las autoridades fiscales.
Concluyendo el año con una nota positiva, Robinhood Markets amplió sus servicios de comercio de criptomonedas a clientes de la UE, ofreciendo acceso a más de 25 criptomonedas sin comisiones.
- Crypto in the Asia-Pacific (APAC) Region
Cripto en la región Asia-Pacífico (APAC)
- The Asia-Pacific region showcased remarkable crypto momentum in 2023.
- In July, a strategic alliance between Crypto.com and LINE Xenesis aimed to accelerate crypto adoption across APAC.
- By September, institutional adoption of crypto assets in Asia was on the rise.
- 2023 witnessed a perceptible shift in focus towards Asia, overshadowing the U.S. due to its evolving regulatory climate. Notably, SEBA bank expanded its crypto banking services to Asia in March.
- The eastern Asian segment emerged as the world’s fifth most active crypto market, contributing to 8.8% of the global crypto activity.
- Throughout the year, Asia remained steadfast in championing crypto clarity amidst the regulatory ambiguities observed in the U.S.
La región de Asia y el Pacífico mostró un notable impulso criptográfico en 2023.
En julio, una alianza estratégica entre Crypto.com y LINE Xenesis tenía como objetivo acelerar la adopción de criptomonedas en APAC.
En septiembre, la adopción institucional de criptoactivos en Asia iba en aumento.
En 2023 se produjo un cambio perceptible de enfoque hacia Asia, que eclipsó a Estados Unidos debido a la evolución de su clima regulatorio. En particular, el banco SEBA amplió sus servicios de criptobanca a Asia en marzo.
El segmento de Asia oriental surgió como el quinto mercado criptográfico más activo del mundo, contribuyendo al 8,8% de la actividad criptográfica mundial.
A lo largo del año, Asia se mantuvo firme en la defensa de la claridad criptográfica en medio de las ambigüedades regulatorias observadas en los EE. UU.
- Crypto in Australia
Cripto en Australia
- Down Under, the Australian government signaled its commitment to refining the crypto regulatory landscape.
- As of 2023, 31.6% of Australians are crypto holders.
- Making significant strides, Australia secured a position among the top 10 crypto-ready nations by September 2023.
- The second annual Crypto Summit hosted by the Australian Financial Review in October emphasized consumer protection, awareness, and regulatory clarity as central themes.
En Australia, el gobierno australiano señaló su compromiso de perfeccionar el panorama regulatorio de las criptomonedas.
En 2023, el 31,6% de los australianos son poseedores de criptomonedas.
Con avances significativos, Australia se aseguró una posición entre las 10 principales naciones preparadas para las criptomonedas en septiembre de 2023.
La segunda Cumbre Cripto anual organizada por Australian Financial Review en octubre enfatizó la protección del consumidor, la conciencia y la claridad regulatoria como temas centrales.
Top Crypto Trends of 2023: A Coinpedia Overview
Principales tendencias criptográficas de 2023: descripción general de Coinpedia
Coinpedia report has a compiled version of the top five cryptocurrency trends in 2023. This is how it goes!
El informe de Coinpedia tiene una versión compilada de las cinco principales tendencias de las criptomonedas en 2023. ¡Así es como funciona!
| Trend | Deduction |
| Bear Market Trends | The crypto market experienced a ‘Crypto Winter’ phase early in 2023.Bitcoin climbed back above the $22,000 mark in January.After steep falls, Bitcoin crossed the $40,000 mark as the year ended. |
| NFTs and Blockchain Expansion | The interest in NFTs surged by over 1000% over the last five years.Gaming became the robust sector for NFTs.Web 3.0 became accessible and more clear as a concept. |
| Regulatory Shifts | The G20 summit highlighted the need for crypto regulations with leaders committing to the swift implementation of a reporting framework for crypto assets.The pressing regulations by the U.S. Securities and Exchange Commission paved the way for a more regulated crypto environment. |
| Fallout from FTX collapse continued | |
| Ethereum 2.0 Launch | Ethereum transitioned from PoW to PoS, aiming for reduced energy consumption and improved scalability. |
Top Headlines: Detailed Monthly Recap of 2023
Titulares principales: resumen mensual detallado de 2023
| Month | Top News |
| January | Bitcoin traded at just above $23,000 after touching the eight-month high of $25,000 in February. Kraken exchange agreed to shut down its U.S. cryptocurrency staking service and pay $30 million as a penalty.Coinbase shares fell as SEC took down Kraken. |
| February | Bitcoin traded at just above $23,000 after touching the eight-month high of $25,000 in February. Kraken exchange agreed to shut down its U.S. cryptocurrency staking service and pay $30 million as a penalty. Coinbase shares fell as SEC took down Kraken. |
| March | Bitcoin soared to the highest mark of $26,000 since June 2022.Binance suspended UK customer withdrawals and deposits amid regulatory pressure.U.S. SEC threatens to sue Coinbase over a certain list of illegitimate crypto products.Silicon Valley Bank collapsed.Arbitrum launched its native token, ARB. |
| April | Crypto Exchange Bittrex violated federal laws, SEC charged in lawsuitBitcoin rebounded above the US $30,000 mark after Gary Gensler was criticised in a congressional hearing.ARK Invest refiled Bitcoin ETF. |
| May | Bittrex filed for bankruptcySEC faced legal challengesBloomberg reported the Department of Justice investigation of Binance for Russian sanctions. |
| June | The SEC sued Binance and its CEO Changpeng Zhao for a U.S. Securities violation.SEC sued Coinbase Blackrock filed for the spot Bitcoin ETFBitcoin ETF was refiled by Fidelity, WisdomTree, VanEck, & more |
| July | Crypto hacks and exploits cost traders $303 million in July, marking it as the worst month of 2023.US Committed approved pro-crypto billThe Crypto market showed sluggish sentiments leading to Bitcoin, and Ether dips.XRP ruled not a security!Sam Altman launched eyeball scanning crypto coin, Worldcoin. |
| August | High market volatility led to low Bitcoin and Ether values.Crypto investments reached $660 million PayPal launched PYUSD stablecoin |
| September | Nomura launched a Bitcoin fund.Bitcoin ended September with the first quarterly loss of 2023, down by 11% since June 2023. |
| October | Bitcoin reached above the $35,000 mark.Crypto losses decreased by 85% in October.First Ethereum Futures ETF launched |
| November | Sam Bankman-Fried found guilty on all seven criminal fraud counts.Blackrock filed for Spot Ethereum ETF.Binance settled for $3.4 billionBitcoin climbed above $36,000 for the first time in 2023. |
| December | Bitcoin ends the year with a $40,000 mark for the first time since April 2022Ethereum emerged as a key blockchain for tokenized real-world assets.Bitcoin miners saw a rise of 400% in transaction revenue in 2023. |
Blockchain in 2023: A Year of Growth and Innovation
Blockchain en 2023: un año de crecimiento e innovación
Experts predict 2024 will witness a harmonious integration of AI and blockchain technologies. Notable progress was achieved in 2023, notably by the introduction of zero-knowledge (zk) rollups.
Los expertos predicen que 2024 será testigo de una integración armoniosa de las tecnologías AI y blockchain. En 2023 se lograron avances notables, en particular mediante la introducción de paquetes acumulativos de conocimiento cero (zk).
- Enhanced Inter-Chain Connectivity
Conectividad entre cadenas mejorada
- Interoperability Boost: 2023 showcased significant strides in blockchain interoperability.
- Key Collaborations: Initiatives like Chainlink’s CCIP and LayerZero’s alliances with giants like Google Cloud and JP Morgan underscored the drive towards seamless cross-chain operations.
Impulso de la interoperabilidad: 2023 mostró avances significativos en la interoperabilidad de blockchain.
Colaboraciones clave: Iniciativas como CCIP de Chainlink y las alianzas de LayerZero con gigantes como Google Cloud y JP Morgan subrayaron el impulso hacia operaciones fluidas entre cadenas.
- Tokenization: Bridging Traditional and Digital Assets
Tokenización: uniendo activos tradicionales y digitales
- 2023 witnessed a surge in tokenizations, bringing many real-world assets onto the blockchain, further blurring the lines between the physical and digital realms.
2023 fue testigo de un aumento en las tokenizaciones, lo que trajo muchos activos del mundo real a la cadena de bloques, desdibujando aún más las líneas entre los reinos físico y digital.
- NFT Boom
Auge de NFT
- Expanding Horizons: Blockchain technology embraced NFTs with an array of innovative applications.
- Market Dynamics: The NFT trading volume rapidly increased in Q1 2023. However, fluctuations ensued, influenced by factors like Blur’s incentives and airdrops.
- Market Leaders: While OpenSea initially dominated the NFT royalty arena, Blur emerged as a formidable competitor by mid-February.
Ampliando horizontes: la tecnología Blockchain adoptó las NFT con una variedad de aplicaciones innovadoras.
Dinámica del mercado: el volumen de operaciones de NFT aumentó rápidamente en el primer trimestre de 2023. Sin embargo, se produjeron fluctuaciones, influenciadas por factores como los incentivos y los lanzamientos aéreos de Blur.
Líderes del mercado: Si bien OpenSea inicialmente dominó el campo de las regalías de NFT, Blur surgió como un competidor formidable a mediados de febrero.
The total value locked (TVL) share of top blockchains in 2023 looked as mentioned above.
La participación del valor total bloqueado (TVL) de las principales cadenas de bloques en 2023 era la mencionada anteriormente.
Top Tokens That Made Headlines in 2023
Principales tokens que aparecieron en los titulares en 2023
| Token | Opening value | Closing value | News |
| DOGE | $0.07022 | $0.09315 | The price of Dogecoin has increased by 32.52% since 2022.Dogecoin is not as influential as it was. However, it remains a prominent name in crypto! |
| AVAX (Avalanche) | $10.87 | $45.72 | Avalanche remained a positive blockchain in 2023 despite all the fluctuations.They are the second highest gainer of 2023 with 313.58% for the year.Avalanche attracts interest from developers and investors alike. |
| ADA (Cardano) | $0.2498 | $0.6056 | Battled accusations from US’ SEC of being a security.ADA boasts an impressive 145% year-to-date increase.Cardano network’s serious validators foster its growth despite the challenges. |
| USD Coin (USDC) | $0.9999 | $1 | USDC market cap shrunk by over half in comparison to 2022.Regulatory environment contributed to USDC’s decline. |
| XRP (Ripple) | $0.3388 | $0.6189 | XRP gained significant momentum in 2023.A U.S judge ruled that Ripple Labs’ sales of XRP didn’t breach security laws.The SEC lawsuit against Ripple Labs and the executives is still on!The cross-border payments have driven XRP’s growth in 2023. |
| BNB | $244.14 | $270.65 | BNB underperformed in comparison to all major crypto tokens in 2023.Negative press surrounding Binance led to the downfall in BNB’s price. |
| SOL (Solana) | $9.9822 | $102.88 | SOL emerged as a top performer in 2023.Solana became the highest gainer in the top 10 currenciesSolana’s success is wholly because of its thriving community, cheaper transactions and quicker speed. |
| USDT (Tether) | $0.9997 | $1 | USDT emerged as number 1 stablecoin in 2023.Tether holds a market cap of over $91.26 billion.Tether has demonstrated the highest level of utility among all cryptocurrencies |
| ETH (Ethereum) | $1,200.96 | $2,291.59 | ETH continued to be a top contender in the crypto space in 2023.Ethereum 2.0 made a noise in 2023. |
| BTC (Bitcoin) | $16,625.08 | $44,186.1800 | Bitcoin has a market capitalization of $857.5 billion in 2023Bitcoin halving is due in 2024.Bitcoin closes the year with 164.69% increase! |
Bitcoin’s Monthly Recap of 2023
Resumen mensual de Bitcoin de 2023
Highest value: $44,186.1800 on December 8, 2023
Valor más alto: $44,186.1800 el 8 de diciembre de 2023
Lowest value: $16,528.2000 on January 1,2023
Valor más bajo: $16,528.2000 el 1 de enero de 2023
| Month | Closing Value |
| January | $23,139.28 |
| February | $23,147.35 |
| March | $28,478.48 |
| April | $29,268.81 |
| May | $27,219.66 |
| June | $30,477.25 |
| July | $29,230.11 |
| August | $25,931.47 |
| September | $26,967.92 |
| October | $34.667.78 |
| November | $37,712.75 |
| December | $43,016.12 |
Did You Know? Bitcoin remains the most Googled currency in 2023!
¿Sabías? ¡Bitcoin sigue siendo la moneda más buscada en Google en 2023!
Top Crypto Personalities in 2023
Principales personalidades criptográficas en 2023
| Name | 2023 NewsFlash |
| Sam Bankman-Fried,Founder and former CEO, FTX | During the FTX collapse, SBF gained a lot of followers on social media. |
| Elon Musk,CEO, Tesla | Alpha crypto investorLed to Dogecoin’s exponential growth |
| Changpeng Zhao,CEO, Binance | Emerged as an undisputed leader of the packHas a following of nearly 9.1 million on platforms like X. |
| Vitalik Buterin,Co-founder, Ethereum | One of the most influential personalities on social mediaContributed to the development of Ethereum, continues to shape the future of decentralised applications. |
| Jack Dorsey,Co-founder, X | Dorsey played a dual role on social media and blockchain technology. |
| Michael Saylor,Co-founder, MicroStrategy Inc | His vocal support for Bitcoin as a treasury reserve asset got him into the limelight |
| Cathie Wood,Founder of ARK | Wood’s investment strategies and forward-thinking approach have earned her a spot among top influential figures in the crypto space in 2023 |
Top influential crypto people in 2023 on social media
Las personas criptográficas más influyentes en 2023 en las redes sociales
Here is a list of top crypto influencers to follow in 2023:
Aquí hay una lista de los principales influencers criptográficos a seguir en 2023:
Popular Crypto Hacks of 2023
Hacks criptográficos populares de 2023
| Hack | Amount | Date | Indices |
| Mixin Network | $200 million | September 23,2023 | Hack targeted platform’s cloud service provider’s database |
| Euler Finance | $197 million | March 13,2023 | Flash loan attackThe liquidity issue within euler’s eToken function let to the exploitation by the attackerAttacker manipulated token conversionsCaused a decline in several currencies and 45% drop in EUL token valueLater, hacker named Jacob, returned 54,000 ETH and $10 million in DAI via encrypted messages |
| Multichain | $126 million | July 6,2023 | Hack seemed like rug pullOver $125 million in crypto was withdrawn leading to losses from Fantom,dogecoin, Moon River Bridges, affecting assets like wETH, wBTC etc |
| BonqDAO | $120 million | February 1, 2023 | Oracle breach caused the exploitExploiter tampered with an oracle in a smart contract, manipulating the AllianceBlock token prices |
| Atomic Wallet | $100 million | June 3,2023 | The incident was tied to Lazarus group |
| CoinEx Hack | $70 million | September 12,2023 | Hackers compromised private keys on CoinEx |
| Curve Finance | $60 million | July 30,2023 | The platform initiated recovery, successfully regaining portions attributing to 73% recovery The hack targeted liquidity pools, the ones containing users’ stablecoins |
| Kyber Networks | $54.7 million | November 22 | Attack capitalized on double liquidity counting within the protocol. It is counted as DeFi’s most sophisticated hacks |
| Stake.com | $41 million | September 4, 2023 | Attack targeted Ethereum, BNB smart chain, and Polygon networks |
| Kronos Research | $26 million | November 19, 2023 | Unauthorised access to API keys led to the hack. |
Crypto hack volumes shrunk by 50% in comparison to 2022
Los volúmenes de piratería de criptomonedas se redujeron un 50% en comparación con 2022
Deductions:
Deducciones:
- 2023 recorded around 160 attacks, similar to the previous year, but the total amount stolen reduced dramatically to USD 1.7 billion from nearly USD 4 billion in 2022
- This news is indicative of improved security measures within the industry.
- The attacks were primarily private key thefts.
En 2023 se registraron alrededor de 160 ataques, similar al año anterior, pero la cantidad total robada se redujo drásticamente a 1.700 millones de dólares desde casi 4.000 millones de dólares en 2022.
Esta noticia es indicativa de mejores medidas de seguridad dentro de la industria.
Los ataques fueron principalmente robos de claves privadas.
Brands Embracing Crypto in 2023
Marcas que adoptarán las criptomonedas en 2023
Crypto used for: Accepting tokens from:
Cripto utilizado para: Aceptar tokens de:
| AMC | Movie tickets | Bitcoin, Bitcoin Cash, Ethereum, Litecoin | 2021 |
| AT&T | Online bills | Bitcoin, Ethereum, Dogecoin + more | 2019 |
| CheapAir | Flight tickets and hotels | Bitcoin, Ethereum, Dogecoin + more | 2013 |
| Dish | Online bills Pay-per-view | Bitcoin, Bitcoin Cash | 2014 |
| ExpressVPN | Pay your ExpressVPN subscription | Bitcoin, Ethereum, XRP, USDC, BUSD, PAX, GUSD | 2014 |
| Microsoft | Digital products from the Microsoft Store | Bitcoin, Ethereum, Dogecoin + more | 2014 |
| Newegg.com | Purchases made on Newegg.com | Bitcoin, Ethereum, Dogecoin + more | 2014 |
| Overstock.com | Goods purchased on Overtock.com | Bitcoin, Ethereum, Litecoin, Ripple | 2014 |
| PayPal | Pay with crypto at any merchant that enables crypto checkout through PayPal | Bitcoin, Litecoin, Bitcoin Cash, Ethereum | 2014 |
| Rakuten | Pay with crypto at Rakuten services like Rakuten Travel and Rakuten Mobile and load your Rakuten wallet for use at participating retailers | Bitcoin, Ethereum, Bitcoin Cash | 2019 |
| Starbucks | Coffee and anything else in the store | Bitcoin, Ethereum | 2021 |
| Tesla | Select items from the Tesla online shop | Dogecoin | 2021 |
| Time Magazine | Time Magazine subscription | Bitcoin | 2021 |
| Twitch | Buy Twitch “bits” | Bitcoin, Ethereum, Dogecoin + more | 2014 |
Here is a list of brands accepting crypto in 2023. Ferrari is new to the list, which has started accepting cryptocurrency payments for its luxury sports cars in the U.S. in October 2023.
Aquí hay una lista de marcas que aceptarán criptomonedas en 2023. Ferrari es nueva en la lista, que comenzó a aceptar pagos con criptomonedas para sus autos deportivos de lujo en los EE. UU. en octubre de 2023.
2023 Crypto Regulation Milestones to Remember
Hitos para recordar en la regulación criptográfica de 2023
| Pointers | Date | |
| SEC’s staking crackdown | U.S. SEC started taking a keen interest in staking.The news reached its peak when Coinbase CEO Brian Armstrong marked concerns on social media, hinting at the SEC’s desire to eliminate staking for U.S. retail customers.It got confirmed with the SEC announcing a $30 million settlement with Kraken over its U.S. staking program.Kraken was compelled to stop its U.S. staking operations. Signaling a clear message from regulators that staking activities would face heightened scrutiny. This crackdown raised questions about the future of staking in the U.S. and prompted the industry to reevaluate its compliance strategies. | February 2023 |
| SEC against Stablecoins | The SEC took legal action against two issuers, with Paxos being ordered to cease issuing Binance’s BUSD.This move, initiated by the New York Department of Financial Services (NYDFS) and a Wells Notice from the SEC, powered regulatory measures against stablecoins.The regulatory scrutiny raised concerns about the future of stablecoin projects and the need for a clear regulatory framework to ensure their stability and compliance with existing laws. | June 2023 |
| CFTC vs. DeFi | In September 2023, the Commodity Futures Trading Commission (CFTC) made its presence felt. The CFTC’s enforcement actions focused on decentralized finance (DeFi) protocols in the U.S. This generates a shadow over the decentralized space.Charges were levied against three protocols for illegally facilitating leveraged and margined retail commodity transactions.Deridex and Opyn faced additional charges for failure to register with the CFTC and implement customer identification programs. This move by the CFTC raised crucial questions about the regulatory future of DeFi in the U.S | September 2023 |
| SEC vs Binance and Coinbase | It was huge on the whole industryThe biggest exchanges were targeted by the SECThey and were rendered as unauthorized security exchanges. | June 2023 |
| Binance and CZ case | It was huge on the whole industry. The biggest exchanges were targeted by the SEC and were rendered as unauthorized security exchanges. | November 2023 |
2023 was a defining year for cryptocurrency. With clear regulations coming into play, we now better understand the industry’s direction. It’s encouraging to see more countries embracing digital assets. Coinpedia’s report offers a detailed look at 2023’s key moments and developments. As we move into 2024, optimism prevails, and we look forward to continued growth in the crypto world.
2023 fue un año decisivo para las criptomonedas. Con la entrada en vigor de regulaciones claras, ahora entendemos mejor la dirección de la industria. Es alentador ver que más países adoptan activos digitales. El informe de Coinpedia ofrece una visión detallada de los momentos y desarrollos clave de 2023. A medida que nos acercamos al año 2024, prevalece el optimismo y esperamos un crecimiento continuo en el mundo de las criptomonedas.
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