While the cryptography industry is at a crossroads between mass adoption and the increase in control, CoincideOne of the main providers for the protection of digital assets, launched its new white paper entitled “The Trust Factor”, which discovers the urgent public demand for smarter and stronger regulation of cryptocurrencies.
Among the volatility of the market, high-level collapses and the renewed attention of global regulators, the White Paper explores a timely and critical question, what will it take for confidence to become the most precious currency of the crypto?
On the basis of an investigation owner of 1,013 participants, 71% of whom have current or past assets in cryptography, the trust factor reveals an increasing consensus according to which regulatory clarity and investor protection are no longer optional and are in fact essential in the future of industry.
The main results of the survey include:
- 62% believe that the current levels of fraud linked to the crypto are unacceptably raised and must be reduced.
- 79% Support the compulsory remuneration patterns for cryptographic platforms in order to cover investors’ losses against pirates and technical failures.
- 53% Underline an urgent need for solutions addressing inaccessible cryptographic assets due to the lost access to the portfolio or forgotten passwords.
- 67% would be more inclined to invest in cryptocurrencies if the regulations reflected traditional asset classes.
- 82% Defend for a global regulatory framework in order to provide coherent monitoring within the cryptographic industry.
Anthony YeungCCO de Coincover, commented: “As our research shows, the public is ready for crypto, but only if it becomes safer, more transparent and more responsible. It is not only a call to regulation, it is a call for progress and for executives that meet the unique requirements of digital assets without stifling innovation.”
The White Coating Paper also presents precious ideas of pioneers and influential innovators in the cryptocurrency space, in particular:
- Lucia Slater, Director of the Political Web3 space
- Dima Kats, CEO of Clear Junction
- Anastasija plotnikova, CEO and co-founder of Fideum Group
- Eneko Knorr, co-founder and CEO of Stabolut
- David Janczewski, Coincover founder
- Leïla Nassiri-Jamet, fractional general lawyer
- Andy Van Susteren – VP sales in Mangopay
- Mark Walker – CEO and editorial director of Fintech Times
Although the opinions on the way of regulating vary, contributors agree on one thing: that without stronger protection, the industry may lose the very confidence that it needs to cultivate.
The trust factor marks a moment in conversations around the future of cryptography. As regulatory executives are evolving and investors’ expectations change, Coincover will continue to direct research and dialogues that defend security and clarity through the digital asset ecosystem. The White Paper is the first in a series of initiatives designed to inform decision -makers and guide best practices, which allows people to participate in the crypto with more confidence.
