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Most Influential 2021: Kristin Smith

The Blockchain Association’s executive director is one of crypto’s staunchest advocates on the Hill.

Updated May 11, 2023, 6:26 p.m. Published Dec 10, 2021, 8:17 p.m.
(Adam Levine/CoinDesk)

This year, crypto emerged as a political force, with many Washington-based lobbyists fomenting the charge. Executive director of the Blockchain Association, Kristin Smith, a former congressional staffer and familiar face on the Hill, has been the voice for much of this change-making. Her work sometimes happens behind closed doors – educating senators and helping craft policy – though her most influential acts come in representing the cryptocurrency industry through countless op-eds, speaking engagements and a professional online presence.

Going deeper: “We have a choice: Continue to nurture the nascent crypto industry in this country or let the demons of our partisan political system hamper the next wave of cutting-edge financial technology,” Smith wrote in a CoinDesk op-ed.

The Complete List: CoinDesk’s Most Influential 2021

(Kevin Ross/CoinDesk)
(Kevin Ross/CoinDesk)

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Australia's corporate regulator flags risks from rapid innovation in digital assets

Australia's corporate regulator flags digital assets risks.

The Australian Securities and Investments Commission has flagged digital assets and AI risks in its annual report.

What to know:

  • Australia's corporate regulator, ASIC, warns that rapid growth in unlicensed crypto, payments and artificial intelligence firms has created regulatory gaps that expose consumers to risk.
  • In its new "Key issues outlook 2026" report, ASIC says it is up to the government to decide whether emerging digital asset products and services should fall under existing regulatory frameworks.