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The prolonged crypto winter has led event organizers in the crypto sector to scale back on extravagance, enabling participants to concentrate on posing more “thoughtful questions” regarding regulation and taxation.
Crypto conferences draw a diverse crowd from the cryptocurrency realm, including founders, senior executives, crypto influencers, and regular users.
Tiffany Fong, a crypto vlogger who gained recognition for her interviews with former FTX CEO Sam Bankman-Fried after the exchange’s downfall, is attending crypto conferences for the first time this year.
In an interview with Cointelegraph, Fong — who participated in both Bitcoin Miami 2023 and NFT NYC 2023 — mentioned that she “can’t comment on how conferences were during the bull markets,” but has heard from other attendees that this year’s events are less focused on entertainment.
“People have mentioned prominent DJs who performed at previous conferences during bull markets and noted that the parties and events are considerably more subdued this year.”
Fong is not particularly “disturbed by this year being more subdued,” as she feels the enthusiasm for crypto is still robust and presents a chance to connect with others in the field.
Meanwhile, over the weekend, XRP Las Vegas — a gathering for XRP (XRP) enthusiasts and the “XRP-army” — occurred on May 6 and 7 in the gambling capital of the United States.
Attendees expressed “great optimism regarding the future of crypto,” pro-XRP attorney John Deaton informed Cointelegraph.
Deaton, who has been an active commentator on social media throughout the Securities and Exchange Commission (SEC) and Ripple lawsuit, noted that XRP supporters were posing “well-considered, intelligent questions” at the conference. However, he could detect a sense of frustration in their inquiries.
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“I wouldn’t describe their sentiment as one of fear but rather frustration because it shouldn’t be this challenging or take this long to achieve regulatory clarity in the United States.”
Deaton further remarked that the frustration was directed at SEC chair Gary Gensler’s “regulation by enforcement” strategy concerning crypto, following the SEC’s recent actions against multiple crypto firms.
It’s taken over 2 years to finally meet in person, but today I was fortunate to spend some time with The Legend, The Marine, and @GaryGensler’s worst nightmare; one formidable, ethical, skilled lawyer with 75,000+ unpaid research assistants. @JohnEDeaton1 is such a force of nature, he’s a… pic.twitter.com/zwOeSxDIFV
— Rob Cunningham | KUWL.show (@KuwlShow) May 7, 2023
Regulation seems to be a primary concern for the crypto community in Australia as well.
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According to Ben Rose, general manager for Binance Australia and New Zealand, regulation was “by far” the most discussed topic among participants at Binance Australia’s latest meetup event on May 3.
Rose informed Cointelegraph that crypto taxation was another subject that garnered significant interest from attendees.
He added that there remains “interest from the crypto-curious” despite the ongoing bear market.
“Recently, there’s been a notable increase in newcomers attending and asking beginner-level questions, which is encouraging.”
Rose highlighted that Australian audiences are beginning to feel excited about “a potential bull run [given] the price of Bitcoin has gradually increased.”
Magazine:Pro-XRP lawyer John Deaton ‘10x more into BTC, 4x more into ETH‘: Hall of Flame
