Adoption, scams and regulator FUD: 2020’s largest crypto disappointments

Whereas 2020 has been a landmark 12 months for the crypto area, there have been just a few notable letdowns. Regardless of the rising mainstream acceptance of digital currencies, some governments are nonetheless creating insurance policies that stifle innovation, putting their international locations at a drawback within the rising digital economic system.

Decentralized finance was a serious speaking level going into the 12 months, and the market section didn’t disappoint, with large development in funding all through 2020. Nonetheless, rogue actors constantly deployed elaborate scams, driving on DeFi hype to fleece victims.