The crypto industry has undergone significant changes in recent years, with a shift towards regulated maturity. According to the State of the Crypto Industry 2026 report by Sumsub, companies are now prioritizing operational excellence, fraud resilience, and regulatory readiness over rapid user acquisition.
One key finding from the report is the improvement in verification speeds, which fell from an average of 22 seconds in 2024 to 19 seconds in 2025. This gain was primarily due to better workflow orchestration and risk-based routing rather than faster technology.
Another significant trend identified by the report is the increasing adoption of hybrid verification models. Rather than relying solely on internal systems or third-party providers, companies are now combining internal decision-making with specialized external services for document verification, biometric checks, sanctions screening, and Travel Rule compliance.