The prolonged crypto winter has prompted cryptocurrency event organizers to tone down the lavishness, allowing attendees to focus on asking more “smart questions” about regulation and tax.
Cryptocurrency conferences attract all kinds of people from the industry, from founders and high-level executives to cryptocurrency influencers and everyday users.
Tiffany Fong, a cryptovlogger who made a name for herself interviewing former FTX CEO Sam Bankman-Fried after the exchange collapsed, has attended cryptocurrency conferences for the first time this year.
Speaking to Cointelegraph, Fong, who attended both Bitcoin Miami 2023 and NFT NYC 2023, said he “can’t talk about what conferences used to be like in bull markets,” but other attendees have told him the entertainment is lighter this year.
“People have named great DJs who have performed at past conferences during bull markets and point out that the parties and events have been much calmer this year.”
Fong is not “too bothered that this year is tamer,” as he believes that cryptocurrency enthusiasm remains strong. and it is an opportunity to meet other people in the sector.
For his part, Over the weekend, XRP Las Vegas – a conference for fans of XRP (XRP) and the “XRP Army” – took place on May 6-7 in the gambling capital of the United States.
Attendees showed “great optimism about the future of cryptocurrencies,” attorney John Deaton, an XRP supporter, told Cointelegraph.
Deaton, who has been an active social media commentator throughout the Securities and Exchange Commission lawsuit against Ripple, said XRP fans were asking “thoughtful and intelligent questions” at the conference.. However, he could sense the frustration in his questions.
“I wouldn’t classify what I perceived as fear, but frustration, because it shouldn’t be that difficult or take that long to get regulatory clarity in the United States.”
Deaton said the frustration was toward SEC Chairman Gary Gensler’s “regulation by enforcement” approach to cryptocurrencies, after the SEC recently took action against several crypto companies.
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—Rob Cunningham | KUWL.show (@KuwlShow) May 7, 2023
It’s been over 2 years for us to finally meet in person, but today I’ve been lucky enough to spend some time with La Leyenda, El Marino and @GaryGensler’s worst nightmare; an amazing, ethical and knowledgeable attorney with over 75,000 unpaid research assistants. @JohnEDeaton1 he’s a force of nature, he’s…
Regulation also seems to be a priority for the cryptocurrency community in Australia.
The regulation was “by far” the most popular point of discussion among attendees at Binance Australia’s most recent meetup event on May 3, according to Ben Rose, general manager of Binance Australia and New Zealand.
Rose told Cointelegraph that Crypto taxes were another topic that had a high level of interest from the attendees.
He added that there continues to be “interest from the cryptocurrency curious” despite the bear market.
“Recently there have been a lot of newcomers in attendance asking questions for beginners, which is encouraging.”
Rose stressed that the Australian crowds are starting to get excited about “a potential bull run.” [dado] that the price of bitcoin has been going up.”
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