CEO of Laser Digital: FTX’s Crash Will Increase Confidence in Crypto Industry

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The bankruptcy of crypto derivatives exchange FTX has become one of the most important events in the cryptocurrency market in 2022 as it provoked strong volatility in November, which resulted in the fall of bitcoin to a two-year low.

However, some in the blockchain industry believe the downfall of FTX will ultimately help increase the credibility of the blockchain industry.

According to Laser Digital co-founder and CEO Jez Mohideen, investors will return to digital currencies, as they have already seen that this market has survived even after severe turbulence.

The head of the division, which is part of the Nomura holding, has called for the accelerated legalization of digital currencies. The introduction of the regulatory framework will create conditions under which the departed players will return to the market and new ones will come.