What's going on in the crypto world? đ
- Global crypto holders reach 580 million in 2023, 34% increase!
- However, fraud has also increased. According to the BBB, crypto fraud is the riskiest type in the US. 80% of victims lost money, with the average loss being $3,800.
- Regulators have taken action: crackdowns in EU MiCA, US SEC and Thailand.
- FATF Travel Rule creates challenges for transparency but is necessary.
Be careful in the crypto market!