Despite an uneven year in the crypto markets, many market participants are unperturbed about the long-term health of the sector and say that legal frameworks in 2023 could restore trust in the industry.
“Crypto will recover,” Katherine Dowling, general counsel member at Bitwise Asset Management, said to TechCrunch. “This is not the death of crypto.”
Given the belief by many that crypto remains here to stay, it’s worth looking ahead. Crypto denizens certainly are — after the FTX collapse, questions circulated concerning crypto’s future and what regulators would do next.
“There’s no impetus for regulators to reduce their level of enforcement activity and recent events are likely to embolden them.” Mayer Brown’s Joe Castelluccio
But disappointment in what FTX’s implosion represents is …
