Centralized crypto saw trading volume year

The SEC was established as a direct result of a financial fire. Congress gave us a mandate to protect investors and promote the public interest. In so doing, they understood we also had to oversee those intermediaries at the neck of the hourglass, such as stock exchanges, clearinghouses, broker-dealers, investment advisers, and transfer agents. Crypto exchanges saw over trillion year In second place for market share in December was Coinbase (COIN) at 8.2%, versus 10.1% at the start of the year. And behind Coinbase was OKX, which saw its market share in December at 5.9%, versus 10.7% at the beginning of 2022.

Ironic how crypto will eventually cause yet another economic meltdown - the very thing it was born out of, and claimed to want to prevent. A multi-chain world Copyrights © 2023 Business Standard Private Ltd. All rights reserved

Attacking Mr. Zhao “was not a good strategic move on my part,” Mr. Bankman-Fried said on Sunday. “I was pretty frustrated at a lot of what I saw happening, but I should’ve understood that it was not a good decision of me to express that.” More from Reuters Tether USDT processed $18.2 trillion in transactions in 2022, placing it ahead of traditional payment processors such as Visa and Mastercard, according to a tweet from 14 January.

The move is the latest and potentially largest bailout in the crypto world, and investors are on edge about how the shakeout might re-shape the trading landscape. Trillion-Dollar Milestone The crypto industry has been a rollercoaster ride since its inception in 2009 when the first Bitcoin block was created. Since then, the cryptocurrency and blockchain industry has grown extraordinarily well, with Bitcoin hitting $69,000 and the total crypto market cap reaching the $3 trillion mark in November 2021.