This year, the cryptocurrency ecosystem has seen several positive developments. Chainalysis points out that the approval of spot Bitcoin and Ethereum ETFs in the United States, along with revisions to financial accounting standards, has led to gradual mainstream recognition of cryptocurrencies. Inflows into legitimate services have reached the highest level since 2021, while funds from illegal activities have decreased by 19.6%. This indicates that legitimate activities are growing faster, and the global adoption rate of cryptocurrencies continues to rise.
Japan's crypto ecosystem also reflects similar trends, although there is less contact with international illegal entities, it still faces challenges from local off-chain crime. Overall, the influence of cryptocurrencies globally is expanding.