Crypto enforcers wielded a heavy hand this year, but don’t expect it to get softer in 2024

From alleged fraud rollout to sudden price volatility, the digital currency arena experienced a lot of ups and downs in 2023. To add to this, there were concerns about the policies being employed to control and enforce laws in regards to data storage monetization technologies. pressures abound while horror tales of blockchain cataclysm from the early portions of 2022 where organizations such as FTX and Luna were prey to liquidations, swampflows and inflationary spirals.

In November alone, suffice it to say, a bunch of bonkers happened: Sam Bankman-Fried, former chief executive officer of FTX, was continually charged with sundry fraud accusations, Changpeng Zhao, of crypto commerce venture Binance, stepped down after admission to someself north which he’d disclosed previously.

Still, experts think the process can use a policy finetuning. It looks likely that the moment will be pushed forward due to intensified focus on next year’s presidential election in the USA.

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