The extended crypto winter has pushed crypto event organizers to tone down the luxury, allowing attendees to focus on asking more “smart questions” about regulation and tax.
Crypto conferences attract everyone from the crypto space, from founders and high-level executives to crypto influencers and everyday users.
Tiffany Fong, a cryptocurrency blogger who rose to fame interviewing ex FTX CEO Sam Bankman-Fried, following the exchange's collapse, is attending cryptocurrency conferences for the first time this year.
Speaking to Cointelegraph, Fong, who attended both Bitcoin Miami 2023 and NFT NYC 2023, said he "can't talk about what conferences used to be like in bull markets," but has been told by other attendees that he is lighter on the entertainment. side this year.
“People named great DJs who played at past conferences during bull markets and pointed out that parties and events are much quieter this year.”
Fong is not “overly bothered that this year is more subdued,” as he believes that cryptocurrency enthusiasm remains strong and it is an opportunity to meet others in the industry.
Meanwhile, over the weekend, XRP Las Vegas, a conference for XRP (XRP) fans and the “XRP army” — took place on May 6-7 in the gaming capital of the United States.
Attendees showed “great optimism about the future of cryptocurrencies,” pro-XRP lawyer John Deaton told Cointelegraph.
Deaton, who has been an active social media commentator at the Securities and Exchange Commission (SEC) and wave demand, said that XRP fans were asking “intelligent and thoughtful questions” at the conference. Still, he could feel the frustration in his questions.
"I wouldn't classify their emotion as fear but frustration because it shouldn't be that difficult or take that long to achieve regulatory clarity in the United States."
Deaton further added that the frustration was towards SEC Chairman Gary Gensler "Regulation by enforcement" approach to cryptocurrencies, after the SEC took action against several cryptocurrency companies of late.
It took me over 2 years to finally meet in person, but today I was lucky enough to spend some time with The Legend, The Marine and @GaryGenslers worst nightmare; a tough, ethical and skilled attorney with over 75,000 unpaid research assistants. @juandeeaton1 It's a force of nature, it's a... pic.twitter.com/zwOeSxDIFV
—Rob Cunningham | KUWL.show (@KuwlShow) May 7, 2023
Regulation also seems to be top of mind for the crypto community in Australia.
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The regulation was “by far” the most popular point of discussion among attendees at the most recent Binance Australia meetup event on May 3, according to Ben Rose, general manager of Binance Australia and New Zealand.
Rose told Cointelegraph that crypto tax was another topic that had a high level of interest from attendees.
He added that there is still “interest from the cryptocurrency” despite the bear market.
"More recently there have been a lot of newcomers asking beginner-level questions, which is encouraging."
Rose stressed that Australian crowds are starting to get excited about "a potential bullfight." [given] the price of Bitcoin has gone up.”
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