The crypto-world has entered into another stage and the industry attempts to consolidate itself from the expansion and collapse it has just completed.The crypto-world has expanded, thanks to the Federal Reserve, and is now going through a period of contraction and consolidation, a normal process of new innovation.How the industry responds to this period is going to be very important in how the world will work itself out into the evolving new structure.Some players, like Sam Bankman-Fried, seem very cognizant of what is going on and are anxious to work with others to consolidate and build for the future.And, this includes building up a sensible and effective regulatory system, something that is coming to the crypto-world in the near future.
