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    Home»Crypto»Bear market pushes crypto events to cut fluff, prioritize discourse
    Crypto

    Bear market pushes crypto events to cut fluff, prioritize discourse

    AuthorBy AuthorMay 10, 2023No Comments3 Mins Read
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    The extended crypto winter has pushed crypto event organizers to downplay the richness, allowing attendees to focus on asking more “smart questions” about regulation and taxation.

    Crypto conferences attract all sorts from the crypto space, from founders and high-level executives to crypto influencers and everyday users.

    Tiffany Fong, a crypto vlogger who gained fame interviewing former FTX CEO Sam Bankman-Fried after the exchange collapsed, is attending crypto conferences for the first time this year.

    Speaking to Cointelegraph, Fong — who attended Bitcoin Miami 2023 and NFT NYC 2023 — said he “can’t say how the conferences used to be in bull markets,” but other attendees said it was lighter on entertainment. side this year.

    “People are calling out the big DJs who performed at past conferences during bull markets and pointing out that the parties and events are much tamer this year.”

    Fong is less “disturbed this year is better” because he believes that the enthusiasm for crypto remains strong and an opportunity to meet others in the industry.

    Meanwhile, over the weekend, XRP Las Vegas — a conference for XRP (XRP) fanatics and the “XRP Army” — took place on May 6 and 7 in the gambling capital of the United States.

    The attendees showed “tremendous optimism about the future of crypto,” pro-XRP attorney John Deaton told Cointelegraph.

    Deaton, who has been an active social media commentator throughout the Securities and Exchange Commission’s case against Ripple, said XRP fans asked “well-thought-out, intelligent questions” at the conference. However, he noticed the frustration in their questions.

    “I would not classify their emotion as one of fear but frustration because it is not difficult or long to achieve regulatory clarity in the United States.”

    Deaton said the disappointment was with SEC chair Gary Gensler’s “regulation by enforcement” approach to crypto, after the SEC recently took action against several crypto companies.

    It took 2+ years to finally meet in person, but today I was blessed to spend some time with The Legend, The Marine, and @GaryGenslerthe worst nightmare; a badass, ethical, skilled lawyer with 75,000+ unpaid research assistants. @JohnEDeaton1 a force of nature, he is a… pic.twitter.com/zwOeSxDIFV

    — Rob Cunningham | KUWL.show (@KuwlShow) May 7, 2023

    Regulation seems to be top of mind for the crypto community in Australia as well.

    Related: Paris Blockchain Week 2023: The second day of the summit begins

    Regulation was “by far” the most popular point of discussion among attendees at Binance Australia’s latest meeting on May 3, according to Ben Rose, general manager of Binance Australia and New Zealand.

    Rose told Cointelegraph that crypto taxation was another topic that had a high level of interest from attendees.

    He added that there is still “interest from the crypto-curious” despite the bear market.

    “Recently there have been a lot of new attendees asking entry-level questions, which is encouraging.”

    Rose stressed that Australian crowds are starting to get excited about “a potential bull run [given] the price of Bitcoin went up.”

    Magazine: Pro-XRP lawyer John Deaton ’10x more than BTC, 4x more than ETH’: Hall of Flame