It’s a new year, and the cryptocurrency industry is ready to make its presence felt. At Consensus, CoinDesk’s annual conference in Austin, Texas later this week, many of the major stakeholders in the space will come together to share their thoughts on how things are shaping up.
It appears that the industry is well and truly in recovery. Judging from the first quarter of the year, it looks like a strong resurgence is close at hand. The evidence all points to a successful rebuilding effort so far.
The attitude of the U.S. to cryptocurrency has shifted from being unsure of how it should be regulated, to having a general acceptance that regulation is inevitable. This was made evident by the passing last week of the landmark MiCA regulations within the European Union.
Although there is cause for optimism in the latest financial markets, fraudulent and contagious activity has diminished consumer faith in the industry. Reclaiming that trust will be complex, however, this provides an opportunity to the current builders, lawmakers, and decision makers attending Consensus. There is a substantial amount of building and forming policy that must be done. Educators must also take part, as well as investing resources where necessary.
