The crypto industry had a historic 2022. Between macroeconomic headwinds, a bear market, insolvencies of major exchanges and providers (such as FTX and BlockFi), which were preceded by the staggering collapse of stablecoin TerraUSD, the global crypto market capitalisation fell to $858bn in early December from highs of $3tn. It’s easy to lose sight of the big picture on the back of a year punctuated by so many challenges. Around 10% of people around the world own digital assets. Crypto and blockchain technologies have proven their value in addressing real-world challenges for millions in financial services and beyond. ... (full story)