Crypto needs to become ‘indispensable’ if legislation fails: Bitwise

Bitwise Asset Management emphasizes that the cryptocurrency industry must become "indispensable" to ensure its survival if regulatory efforts fail. The firm argues that without clear legislation, the sector must demonstrate its value and utility to gain broader acceptance. Bitwise's comments come amid ongoing discussions about the need for regulatory clarity in the crypto space. The company believes that fostering real-world applications and use cases for cryptocurrencies is crucial for their long-term success. Ultimately, they stress that the industry's resilience will depend on its ability to integrate into everyday life.

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