Meaning of big crypto | Babel Free

Definitions

Large, influential cryptocurrency companies collectively.

uncountable

Examples

“But 2022 was the year that we found out the extent to which Big Crypto is a real thing: a cartel of interconnected players from exchanges, stablecoin companies and crypto networks who work together via group chats — one Signal chat was reportedly called “exchange co-ordination” and included executives from FTX, Binance and Tether.”

“Yet the lobbyists’ narrative is bogus. “Big crypto” blames the serial blow-ups of crypto firms on the failure by the SEC and Commodity Futures Trading Commission to provide the sector with “regulatory clarity.” […] The truth is that the agencies couldn’t be clearer about where Big Crypto is breaking the rules.”

CEFR level