This year, Consensus 2025 will serve as a platform for discussing regulatory challenges and innovations within the cryptocurrency industry. Participants of the roundtable will address the need for a balance between regulation and the development of new technologies.
Regulatory Reform at Consensus 2025
The People's Regulatory Roundtable at Consensus 2025 will feature six experts in crypto law, including Kayvan Sadeghi and Michelle Ann Gitlitz. The discussion aims to analyze regulatory issues with an emphasis on supporting innovation rather than limiting it. Experts advocate for sensible regulation and oppose excessive enforcement that may hinder growth.
Market Stability Amid Regulatory Scrutiny
Despite the resilience of cryptocurrencies like Bitcoin and Ethereum, regulatory uncertainty continues to pressure the market. Analysis shows cautious optimism among investors, although SEC decisions on altcoin ETFs may significantly influence future market dynamics. In this context, experts highlight: "The unfolding regulatory overhaul has been accompanied both by vigorous soul searching related to the state of crypto's (often anti-establishment) core values and palpable excitement over potential new use cases." - Kayvan Sadeghi.
Regulatory Analysis: US vs EU
The focus of US regulation, which relies on enforcement, contrasts with the EU's approach of creating a framework. Experts raise concerns about excessive enforcement in the US, emphasizing the need for clear policies that promote industry growth. Historically, excessive regulation has hindered innovation, while well-defined frameworks facilitate development.
In conclusion, discussions at Consensus 2025 highlight the importance of balancing regulation and supporting innovation within the cryptocurrency sector. Observing changes in policy, industry experts stress the need for flexibility and an adequate regulatory approach.
