14. European regulatory thresholds are high, which may trigger another round of consolidation and acquisitions in the crypto industry.
After BitMEX shut down BitMart, a few market makers tied to #17 were selling themselves off… it all came together. High compliance and regulatory costs are fatal for smaller players, but they are an acquisition opportunity for larger ones. In an era of industry consolidation, the kind of narrative like “bull market versus bear market” is not as effective at explaining why some projects disappear.
After BitMEX shut down BitMart, a few market makers tied to #17 were selling themselves off… it all came together. High compliance and regulatory costs are fatal for smaller players, but they are an acquisition opportunity for larger ones. In an era of industry consolidation, the kind of narrative like “bull market versus bear market” is not as effective at explaining why some projects disappear.