No Summary provided as the original text is short
- Crypto Market Structure: The framework that defines how cryptocurrencies are traded, cleared, and settled, often including exchanges, custodians, and regulatory oversight.
- TradFi: Abbreviation for 'traditional finance,' referring to legacy financial institutions like banks and investment firms.
- Digital Currency: A form of money that exists only electronically, enabling peer-to-peer and cross-border transactions without physical cash.