As 2024 wraps up, the crypto world has seen a year of intense debate and development. On one side, advocates like President-elect Donald Trump and El Salvador's Nayib Bukele pushed for wider Bitcoin adoption, with Trump aiming to make the US a crypto leader. Meanwhile, Coinbase's Brian Armstrong and Ethereum's Vitalik Buterin championed innovation and regulatory clarity.

Conversely, regulators like the SEC and the UK's FCA tightened their grip, raising concerns about stifling innovation. Scammers and cybercriminals also posed significant threats, with ransomware and fraud causing substantial losses. As 2025 approaches, the crypto community remains hopeful for a more supportive environment.