The world’s biggest crypto exchanges came together at the London Blockchain Economy Summit to discuss the crypto ecosystem and stability challenges. At the panel discussion, Michela Silvestri from Huobi Global, Delphine Forma from Bitmex, Daniel Antcliff from Gate.io and Peter Stilwel from Coinbase emphasized that the industry is still in its early stages and there is a lot of work to be done but they are committed to working with regulators around the world in order to create the safest environment for their crypto users.
Huobi, Gate.io, Coinbase, and Bitmex were met with enthusiastic applause from the audience as they shared how to foster adoption while safeguarding users.
Huobi, one of the largest crypto exchanges in the world, is solidifying its determination for maintaining trustworthiness in the crypto space. These efforts will help ensure the success of not only each individual exchange but also promote greater stability within the industry as a whole.
Michela Silvestri, part of the Institutional Unit of Huobi Global, stated that “Despite the industry’s infancy, we remain dedicated to pioneering a benchmark of excellence. Our main goal is to lead by example. We will be striving to set a new bar for standards in the digital assets markets in the months to come.”
Silvestri added that the opportunities that the crypto industry holds for the future are limitless and full of potential and as the crypto industry continues to grow and evolve, it is becoming apparent that there are a plethora of possibilities for institutions looking to dive into digital assets. Exchanges also seem to be fully dedicated to raising the bar on product development, ensuring that retail and institutional clients have access to only the best products. “We are committed to providing institutional investors with the cutting-edge solutions they need,” Silvestri commented.
In addition, Michela also highlighted the importance of education among users during her panel at London Blockchain Economy in London last week. Silvestri, who is actively advocating for educational initiatives to help users effectively understand crypto, added that with the current lack of adequate education standing in the way of mass adoption, there is a clear need to expedite efforts toward greater understanding within this space. With a comprehensive understanding, users are better equipped for making safe and sound decisions.
In the coming months, collaboration with industry peers, cooperation with global regulators and education will be a priority in the agendas of the top exchanges and users are already displaying their appreciation for this as the representatives were met with resounding applause from the crowd at Blockchain Economy London last week.
About Blockchain Economy London Summit
Blockchain Economy London Summit is the UK’s largest-ever blockchain event uniting together the key players of the crypto industry and experts to redefine the future of finance. The Blockchain Economy London Summit is conducted with the world’s top crypto companies and blockchain entrepreneurs and is a wide-range crypto event in London to explore the potential of web3, NFTs, cryptocurrencies, blockchain, and Metaverse.
Disclaimer: All information from this press release was provided to Coin Edition by a third party. This website does not endorse, is not liable for, and does not hold control over this content. Coin Edition, this website, directors, officers, and employees are not directly or indirectly responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
Post Views: 6
Source: https://coinedition.com/crypto-exchanges-discuss-stability-challenges-at-london-blockchain-economy-summit/