Tags: Crypto Winter

Stellar Development Foundation‘s Tomer Weller, who is leading the Soroban project. (Stellar)

Blocknative reduced headcount by just over a third, and now has 24 people. (Shutterstock)

Crypto VC Funding Declines Again in Q3 as Crypto Winter Drags On

Leading Hardware Wallet Maker Ledger to Lay Off 12 of Work Force – When Will the Crypto Winter End?

Blockchain Analytics Firm Nansen Cuts 30 of Staff Amid Market Slump

(Monicore/Pixabay)

Thomas Perfumo said the firm has not been insulated from the broader economy. Here‘s what he says the exchange wants to do next.

When crypto winter ends and investment activity blossoms once again in the digital assets space, financial advisors should be prepared to hear a new litany of questions from clients about the risks and opportunities in cryptocurrencies.

Recognizing that crypto has to be regulated as part of the regular economy is a first step to arguing for rules tailored to its unique innovations, says John Rizzo.

Gatekeepers such as lawyers, accountants and investment firms should have insisted the crypto industry handle itself in a safer fashion, Commissioner Goldsmith Romero argued.

As a bear market sweeps the industry, CoinDesk is keeping a running list of industry players that have cut jobs.

The cryptocurrency industry has a strong track record of fighting back, the report said.