Members of the CoinDesk editorial team convened on Twitter Spaces today to assess the big picture at Consensus 2023 and share their takeaways on the critical issues that will shape how the industry continues to unfold. Here's a recap of their insights:
Being a Consensus newbie this year, I can speak like some small-town yokel about how big and impressive this event has been. Here are a couple of my takeaways:
But it really came home to me that actually this regulatory conversation affects all of corporate America, all of anyone who wants to develop in Web3, across the United States. And that's a pretty broad based group of people. So, if somebody from a company like PepsiCo is worried about crypto policy, then it's something that we as an industry, or we as a country, should really be focused on more. If they're saying it, it's something really important for everybody.
Just this morning the Federal Reserve, the Federal Deposit Insurance Corporation, the Government Accountability Office and the New York Department of Financial Services all published reports explaining what they see as the root causes for the failures of Signature Bank and Silicon Valley Bank.
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