Technology

Technology

PART 8 – Founder Insights: Predicting Crypto’s Leap Towards Maturity and Regulation in 2024

PART 8 – Founder Insights: Predicting Crypto’s Leap Towards Maturity and Regulation in 2024

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Aug 1, 2024

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Amanda Collins
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Expected reading time 10 mins

As we look ahead, our founder shares a visionary perspective on the trajectory of the crypto industry for 2024, forecasting it as a pivotal year of maturity and consolidation. Amidst the backdrop of past turbulence, such as the notable FTX scandal, there’s an anticipated weeding out of both smaller and bad actors within the space. This natural selection is seen not only as a cleanup operation but also as a harbinger of burgeoning partnerships and innovative product offerings. The expectation is that liquidity will increasingly be dominated by the top exchanges, leading to a more stable and trustworthy marketplace.

Moreover, the conversation takes an optimistic turn towards the regulatory landscape, particularly with an eager eye on the United States. The hope is pinned on the evolution of regulations and the much-anticipated approval of crypto ETFs, signaling a brighter, more accepted future for the industry. Dubbed as the potential ‘crypto spring,’ 2024 is looked upon with anticipation and hope for a warmer, more welcoming environment for cryptocurrencies.

As we look ahead, our founder shares a visionary perspective on the trajectory of the crypto industry for 2024, forecasting it as a pivotal year of maturity and consolidation. Amidst the backdrop of past turbulence, such as the notable FTX scandal, there’s an anticipated weeding out of both smaller and bad actors within the space. This natural selection is seen not only as a cleanup operation but also as a harbinger of burgeoning partnerships and innovative product offerings. The expectation is that liquidity will increasingly be dominated by the top exchanges, leading to a more stable and trustworthy marketplace.

Moreover, the conversation takes an optimistic turn towards the regulatory landscape, particularly with an eager eye on the United States. The hope is pinned on the evolution of regulations and the much-anticipated approval of crypto ETFs, signaling a brighter, more accepted future for the industry. Dubbed as the potential ‘crypto spring,’ 2024 is looked upon with anticipation and hope for a warmer, more welcoming environment for cryptocurrencies.

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