5 Most Powerful People in Crypto (August 2025)
Key takeaways:
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Power in crypto has shifted from traditional players to five forces driving onchain finance and control.
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These forces are stablecoins, ETFs, base-layer upgrades, blockspace security and high-throughput execution.
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Traditional gatekeepers like exchanges and regulators now play a lesser role.
Power in crypto today revolves around five levers: dollar liquidity (stablecoins), capital markets (ETFs and tokenization), base-layer roadmaps, blockspace security markets and high-throughput execution.
Since 2024, the balance of influence has shifted away from the old “exchanges vs. regulators” dynamic to a new center of gravity.
Bitcoin (BTC) exchange-traded funds (ETFs) now funnel mainstream capital at scale. For example, IBIT by…
