Shyft Network Profile picture
Powering trust on the blockchain and economies of trust 🤝 $SHFT 🔎 Shyft Veriscope - the only frictionless crypto Travel Rule solution

Nov 1, 2022, 5 tweets

1) It's time for the 4th part of the "Regulation + Digital Identity = Future of Blockchain" Twitter Series!

And this week, the question is, has the #crypto market winter changed regulatory perception or not? 🤔

2) #Bitcoin has gone through multiple bull-bear market cycles 

And so have #Ethereum and other virtual assets!

So, regulators have understood that such bull-bear cycles are here to stay in the #crypto market

3) Moreover, the magnitude of innovation and technology development between #crypto bull cycles is pretty drastic! 🤯

All in all, the size of the DeFi & the crypto market as a whole does not influence regulatory perception much

4) Also, #regulators do not think of the #crypto market as something that will go away in a couple of years!

Regulators, too, are humans 

And some of them are likely to be enthusiastic about the changing financial landscape led by the #crypto ecosystem 🌐

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling