In mid-September, a fintech delegation from Mauritius arrived in Prague as part of the PROPED economic diplomacy project. Ondřej Mikulčík attended the meeting on behalf of the Czech WealthTech Association.
In the following lines, we will therefore break down the most robust fundamentals of contemporary crypto upon which the new financial and technological infrastructure is being built: from blockchain itself as an indispensable layer of digital trust, through the quiet revolution in global payments driven by the massive adoption of stablecoins, to the inevitable bridging with the physical world through the tokenization of real-world assets (RWA), decentralized physical infrastructure networks (DePIN), and prediction markets.
The sixth annual CryptoNight showed just how much the cryptocurrency world has changed in recent years. Instead of questioning whether crypto will survive, the discussion turned to how banks will offer it, what MiCA brings to the table, and where stablecoins will find their use.
The cryptocurrency segment has reached the most important crossroads of its existence, and the narrative of an imminent "future of finance" is showing serious cracks. The current deep price drop and prolonged investor apathy in 2026 are no longer just a manifestation of the typical cyclicality this volatile market was used to. This is a deep structural crisis of legitimacy and an exhaustion of previous narratives. The era of cheap money and zero interest rates has definitively ended.
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