While 2020 has been a landmark year for the crypto space, there have been a few notable letdowns. Despite the growing mainstream acceptance of virtual currencies, some governments are still creating policies that stifle innovation, placing their countries at a disadvantage in the emerging digital economy.
Decentralized finance was a major talking point going into the year, and the market segment did not disappoint, with massive growth in investment throughout 2020. However, rogue actors continuously deployed elaborate scams, riding on DeFi hype to fleece victims.