Despite a rocky year for the cryptocurrency markets, many market participants are unconcerned about the sector’s long-term viability and believe that legal frameworks in 2023 may help to rebuild business trust.
According to Katherine Dowling, general counsel at Bitwise Asset Management, cryptocurrency will bounce back. “Crypto is not dead,” It is sense to look ahead given that many people think that cryptocurrency will continue to exist. Crypto residents are undoubtedly concerned about the future of the industry and the actions that regulators may take in the wake of the FTX collapse.