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Positive Sentiment Towards Cryptocurrencies is Growing

Sep 20, 2024
  1. Improving Public Sentiment Towards Cryptocurrencies
  2. Congressional Hearings with SEC Commissioners
  3. Impact of Regulation on the Crypto Industry in the US

DeFi Educational Fund’s Chief Legal Officer Amanda Tuminelli believes that public sentiment towards cryptocurrencies is improving, with more people feeling positive about the technology.

Improving Public Sentiment Towards Cryptocurrencies

Amanda Tuminelli shared her view during a Thinking Crypto podcast while answering questions about the recent Congressional hearing on DeFi in the US. Tuminelli attributes the increasingly positive sentiment toward crypto to the growing number of builders in the crypto space, many of whom are developing valuable products and becoming more vocal.

The increasing number of developers and products in the crypto space contributes to a more positive perception of the technology.

Congressional Hearings with SEC Commissioners

Tuminelli also pointed out that other hearings are ongoing, such as those involving the Securities and Exchange Commission (SEC) and their regulation by enforcement. All five SEC commissioners will appear before Congress to answer specific questions.

Impact of Regulation on the Crypto Industry in the US

Regulation has influenced the development of the crypto industry in the US, and according to Tuminelli, conducting further hearings on DeFi topics in the future would be a positive development.

Thus, the growing number of developers and productive projects contribute to improving public perception of cryptocurrencies and spark interest and active discussions at the US government level.

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