Cryptocurrency experts say their industry has faced some damaging press recently, especially in relation to the prominent fraud trial of cryptocurrency exchange leader Sam Bankman-Fried. However, Guillermo Artiles said interest from traditional corners of the financial world amid the industry’s turbulence is enough reason for him to stay bullish on these digital assets. “There’s going to be an ebb and flow in any nascent industry,” he said. “Overall, folks are still bullish on the currency itself. … I know it might be hard to tell that with folks going to jail, creditors clamoring for there to be justice where they’ve been duped. But, in the long run, bad actors are being stamped out. That will, on the whole, make the industry more legitimate.”
10.31.2023