[edit: this comment is outdated. the parent comment is updated now to change the word crypto to cryptocurrency. I misunderstood earlier crypto to be cryptography. with crypto meaning cryptocurrency my comment is not related now.]

I think it has. Worldwide ecommerce runs on cryptography. there are laws and regulations on how crypto should be made secure and managed in ecommerce.

if you mean blockchain cryptocurrency by the word crypto then you may be correct. but in general terms crypto has a lot of actual legal value for it.