Despite a bear market, crypto’s future is still bright: Crypto in 2023

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Despite a bear market, crypto’s future is still bright: Crypto in 2023
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After a stormy 2022, the market is getting back on its feet and the horizon shows signs of growth for this. year.

and FTX insolvency are two major events that have added regulatory pressure to lawmakers, further ensuring regulation will remain top of mind in 2023.

Once these hurdles have been overcome, retail investors can find more tangible use cases through lending and borrowing against on-chain collateral or engaging in derivatives activities powered by trustless smart contracts. Institutions could also move into the DeFi space, providing lending and market-making initiatives while selecting the most secure partners to do so.

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