Introduction to Cryptocurrency
An Overview of Crypto Transactions, Regulations and Protections
Once relatively obscure, crypto has gone global. Crypto has experienced continual, rapid growth and significant price fluctuations. Between 2021 and 2022, after reaching what was then an all-time high of around $3 trillion, the market lost two-thirds of its value and fell to $800 billion. Since then, the market increased steeply again and is valued at $2.8 trillion as of April 1, 2025. Crypto attempts to replace the trust-based traditional financial system with one that does not require trust. In recent years, large financial intermediaries — the very type of institutions crypto developers sought to obviate — have displaced the…
