#CryptoRegulation Here's 100 words on crypto:

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. It's decentralized, meaning it's not controlled by any government or financial institution. Popular cryptocurrencies include Bitcoin, Ethereum, Litecoin and Ripple. Cryptocurrencies can be used to buy goods and services, transfer funds and trade in markets. They're created through a process called mining, which involves solving complex mathematical equations to validate transactions on a blockchain network. The market cap of cryptocurrencies has grown significantly, reaching $2.76 trillion in April 2025, with Bitcoin dominating the market ¹.