How crypto education, regulation, and token utility will shape the future of money

Blockchain and cryptocurrency technology has taken the financial world by storm, carrying with it the risks and rewards of innovation and investment. It is natural to feel left out, it is also important to educate oneself on the risks involved, the utilities of each potential token investment and the regulatory frameworks designed to prevent fraud, scans and illegal activities.

Let’s explore how crypto education platforms, token utilities, and crypto regulations can help protect investors while creating a more secure and efficient monetary system in the future.

Crypto education

In 2022, the crypto space experienced turmoil, which led to the crash of numerous projects and crypto assets. By the end of 2022 into 2023, the downturn within the crypto space seemed to enter the traditional banking system, causing a contagion that affected multiple banks.

This was evidence that education on blockchain and crypto topics is not reserved for individuals who want to invest in cryptocurrencies but for users of financial services. The benefits that blockchain innovations present are effective solutions to pain points within the financial system. They are also potential points for scams and malicious activities.

Individuals who have obtained adequate education on cryptocurrencies are more likely to recognize scams, make informed decisions, and promote the adoption of blockchain solutions and awareness in their daily lives.

This brings to the forefront, the relevance of user-friendly educational platforms like CryptoManiaks and Binance Academy. These educational platforms provide online videos, crypto guides, and tutorials that can help individuals of all levels, newbies or experts, learn about the crypto space. These resources can be accessed remotely from any part of the world, and are often free or affordable.

According to Chainalysis’s 2022 global crypto adoption index, the crypto adoption rate at the onset of the bear market still remained above the levels seen in the 2020 bull market. This means that new users who entered the crypto space during periods of high prices remained in the crypto space during periods of decline.

As more people become knowled

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Author: Dalmas Ngetich

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