Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators
A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on government regulation and how the cryptocurrency industry should fight back against the “anti-crypto army.”
Moderated by David Zell, co-founder of the Bitcoin Policy Institute, the panel featured Perianne Boring, founder and CEO at the Chamber of Digital Commerce; Mina Khattak, senior director of crypto and Web3 at Worldpay; and Dana Syracuse, a partner at law firm Perkins Coie.
The discussion opened with Chamber of Digital Commerce’s Boring describing the current regulatory situation as “dire” after placing part of the blame for the contentious nature of some of the discourse surrounding cryptocurrency regulation on the recent scandals in the space. “With a lot of negative headlines,” explained Boring, “there’ve been a lot of setbacks. And that’s given a lot of ammo to regulators to crack down.”
Boring also added that some politicians were seemingly dead set against the proliferation of cryptocurrency and decentralized finance tech because it “doesn’t necessarily fit into the vision or the goals for some politicians who believe this stuff should be controlled.” However, Boring expressed her belief that such challenges would be surmountable:
Syracuse — co-chair of the Fintech Industry Group and co-lead of blockchain, digital assets and custody at law firm Perkins Coie — followed up on Boring’s statements by stating his agreement but also posing that it was “really important for the industry to not lose sight of […] the amount of collaboration that a lot of regulators have done to date.”
In pointing out that there remained substantial work to be done concerning crypto regulation in the United States,
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