Crypto Experts Discuss Core Values Amid Regulatory Changes at Consensus 2025
The ongoing regulatory changes in the cryptocurrency sector have sparked discussions around preserving its core values while exploring new use cases. Key insights from a panel of crypto experts at the upcoming Consensus 2025 event include:
- Kayvan Sadeghi emphasizes individual freedom and decentralization as crucial values. He advocates for technology that addresses existing legal frameworks more effectively, reducing reliance on human intermediaries.
- Connor Spelliscy highlights the need for policy frameworks that promote transparency and decentralization in blockchain technology, which can empower users and reduce dependence on institutions.
- Lewis Cohen points out that core values attract a diverse community focused on innovation and building an inclusive "Internet of Value."
- Michelle Ann Gitlitz underscores decentralization's importance in enabling true digital ownership and calls for regulations that understand blockchain intricacies to protect consumers.
- David Adlerstein stresses the need for reasonable regulatory safeguards while allowing entrepreneurs to test ideas freely, comparing it to historical regulation of emerging technologies.
Regarding the impact of regulation on business models:
- Kayvan believes sensible regulation could empower small businesses and enhance community engagement.
- Connor sees potential growth in blockchain projects with clearer legislative parameters but notes challenges remain until bills pass.
- Lewis likens effective regulation to the development of safe road systems for cars, enabling faster and safer innovation.
- Michelle has observed increased compliance focus in new business models, suggesting regulatory clarity fosters wider adoption of innovative products.
- David is optimistic about stablecoins and real-world asset tokenization, stressing the importance of proper regulation to minimize risks and promote interoperability.