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CryptoCompare: FTX default will continue to affect the industr | ERC20 Official Crypto channel

CryptoCompare: FTX default will continue to affect the industry in 2023

The exchange was financially connected with a large number of companies, therefore, according to experts, in 2023 we will see more bankruptcies.

Nevertheless, the situation with FTX, analysts write, will definitely push crypto companies to work on the sustainability of their business. Therefore, next year more attention will be paid to projects and protocols that will offer effective ways to save money.

Of course, they say in CryptoCompare, it will not do without strict regulation - supervisory authorities will seek to protect investors. Perhaps the development of global rules for the industry will go far. Analysts believe that the rules will become more effective if they separate centralized and decentralized projects - after all, most of the failed companies belonged to the first category.