Results of the year: key events for the crypto industry in 2023.

01.01.2024
01.01.2024

 Results of the year: key events for the crypto industry in 2023.

f last year was filled with hacks and panic, then this year we will remember the tightening of regulation and the emergence of more traditional players in the industry:

January February:
📍 The SEC has launched an investigation into several crypto companies, including Gemini, Genesis, Terraform Labs, Do Kwon and Paxos (for issuing BUSD)

March:
📍 Liquidation of Silvergate Bank. Silicon Valley, which served many crypto companies, in particular Circle, Dragonfly, Pantera, etc., collapsed.
📍 USDC, FRAX and DAI have lost their peg to the dollar
📍 Regulators closed Signature Bank
📍 Fidelity has launched a cryptocurrency trading service for all retail clients
📍 SEC filed charges against Justin Sun
📍 Do Kwon was arrested in Montenegro
📍 The CFTC filed a lawsuit against Binance and Changpeng Zhao

April:
📍 SEC brought charges against Bittrex and its founder William Shikhar

May:
📍 US authorities have launched an investigation against Binance due to sanctions violations
📍 Hong Kong announced that it will begin licensing retail crypto exchanges

June:
📍 Japanese bank MUFG announced a platform for issuing stablecoins
📍 SEC sues Coinbase, Binance and Changpeng Zhao
📍 Swift and Chainlink began experiments to connect financial institutions to various blockchains
📍 The European Parliament published MiCA in the EU Journal
📍 Bank of China issued tokenized securities on the Ethereum network
📍 BlackRock has applied to create a spot Bitcoin ETF

July:
📍 The SEC and CFTC filed a lawsuit against Celsius. The head of the company, Alex Mashinsky, was arrested
📍 The court did not recognize XRP as a security
📍 Chainlink launched CCIP protocol

Aug. Sept:
📍 FTX presented a plan to restart the exchange
📍 The first spot Bitcoin ETF launched in Europe
📍 The FBI arrested Tornado Cash co-founder Roman Storm
📍 Grayscale wins case against SEC over spot Bitcoin ETF
📍 Swift and Chainlink report successful CCIP test
📍 Visa began testing USDC transfers on Solana
📍 Ark Invest has applied to launch a spot Ethereum-ETF
📍 3AC co-founder Su Zhu detained in Singapore

October:
📍 UBS launched a pilot project for a tokenized fund on Ethereum
📍 The Bank for International Settlements has developed a platform for monitoring Bitcoin transactions
📍 New York Attorney General indicts Gemini, Genesis and Digital Currency Group
📍 SEC dropped all charges against Ripple executives

 

November:
📍 Jurors find Sam Bankman-Fried guilty of fraud and conspiracy
📍 BlackRock has applied to register a spot Ethereum ETF
📍 Citi used Avalanche infrastructure to conduct foreign exchange transactions
📍 JPMorgan and Apollo Global will use LayerZero to connect to the Avalanche Evergreen subnet
📍 SEC indicts Kraken
📍 Changpeng Zhao is leaving his post as CEO of Binance. The exchange entered into a deal with the US Department of Justice. The company will pay a fine of $4.3 billion
📍 F2Pool began filtering transactions based on US sanctions


December:
📍 Societe Generale issued green bonds on Ethereum and its own Euro stablecoin on Bitstamp
📍 Residents of the Swiss city of Lugano were allowed to pay municipal services and taxes using Bitcoin and USDT
📍 IBM introduced a new cold storage system for digital assets
📍 Tether began freezing USDT in accordance with US sanctions, and also connected the Secret Service and FBI to its platform
📍 CoinList will pay $1.2 million fine for violating sanctions
📍 The first ever sentence was handed down in the United States for hacking the DEX smart contract
📍 Hong Kong regulator said it is ready to accept applications for cryptocurrency ETFs
📍 Argentina ratified the use of cryptocurrencies as a means of payment for contracts
📍 Nigerian authorities have lifted the banking ban on cryptocurrency trading
📍 Japan has simplified the taxation of crypto assets for corporations

Happy New Year, friends! The industry reminds us again that anything can happen in life. The main thing is to continue to stand firmly on your feet and fight for your profits

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