As multiple countries adopted strict regulatory frameworks for cryptocurrencies in 2023, the Federal Reserve continued raising interest rates and the US dollar index strengthened, leading to increased volatility in mainstream cryptocurrencies. Hedge funds and traditional financial institutions kept exploring crypto asset exposure, while geopolitical turmoil and global economic slowdown made stablecoins and risk control focal
As the global cryptocurrency industry entered a phase of structural adjustment in 2023, market dynamics became increasingly shaped by regulatory uncertainty, rapid AI adoption, and renewed growth in on-chain activities. These factors gradually revealed new institutional characteristics. AI-driven risk management systems became one of the most discussed topics of the industry, with regulatory frameworks tightening worldwide