Here are 3 obstacles facing crypto in 2023 as the market looks to move on from the FTX disaster | Business Insider

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Nearly three months after FTX filed for Chapter 11 bankruptcy, the crypto industry is attempting to move forward from founder Sam Bankman-Fried's mess, but new potential headwinds are looming.

Here are 3 obstacles facing crypto in 2023 as the market looks to move on from the FTX disasterAfter a so-called crypto winter, industry experts are weighing in on the market's next roadblock.

"Well-written, thoughtful legislation from informed policy makers will help the market long-term," Eric Parker, CEO of crypto wallet developer Giddy, said."But bad decisions from regulators who don't understand what happened will stifle innovation and could send markets the wrong direction." As a result of a seemingly more dovish stance, there's been a broad rally in risk assets like crypto.

 

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