big crypto

English

Alternative forms
  • Big Crypto

Noun

big crypto (uncountable)

  1. Large, influential cryptocurrency companies collectively.
    Hypernym: big business
    • 2022 December 22, Jemima Kelly, “What this year in crypto has taught us”, in Financial Times‎:
      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.
    • 2023 February 17, Michael Hiltzik, “Column: The government crackdown on crypto is well underway. Get out while you can”, in Los Angeles Times‎:
      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.
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