In late October, the crypto asset sector witnessed a headline worth attention. Catcrs, a global cryptocurrency exchange registered in the United States, announced completion of its US MSB registration and launched spot and C2C trading tests for global users. In 2021, a year of tightening regulation, the development pushed security and compliance to the forefront,
The crypto industry experienced explosive growth in 2021, with Bitcoin repeatedly breaking records and once surpassing $69,000. Tesla incorporated Bitcoin into its reserve system and supported crypto payments, sparking corporate interest in crypto asset allocation. The NFT market gained momentum in art, collectibles, and gaming, heralding the era of digital property rights, while Web3 narratives
In 2021, as the global cryptocurrency market experienced both rapid expansion and tightening regulation, the industry structure underwent significant changes: institutional participation became increasingly normalized, market liquidity was reorganized in a multi-chain environment, and the pace of compliance framework construction far exceeded expectations. For any team building an infrastructure-based platform, this year was both a