big crypto

English

Alternative forms

  • Big Crypto

Etymology

Modeled after earlier instances of the pattern such as big tech (Big Tech), big pharma (Big Pharma), big business (Big Business), and others.

Noun

big crypto (uncountable)

  1. Large, influential cryptocurrency companies collectively.
    Hypernym: big business
    • 2022 December 22, Jemima Kelly, “What this year in crypto has taught us”, in Financial Times‎[1]:
      But 2022 was the year that we found out the extent to which Big Crypto is a real thing: a cartel of interconnected players from exchanges, stablecoin companies and crypto networks who work together via group chats — one Signal chat was reportedly called “exchange co-ordination” and included executives from FTX, Binance and Tether.
    • 2023 February 17, Michael Hiltzik, “Column: The government crackdown on crypto is well underway. Get out while you can”, in Los Angeles Times‎[2]:
      Yet the lobbyists’ narrative is bogus. “Big crypto” blames the serial blow-ups of crypto firms on the failure by the SEC and Commodity Futures Trading Commission to provide the sector with “regulatory clarity.” […] The truth is that the agencies couldn’t be clearer about where Big Crypto is breaking the rules.
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