Kathleen Breitman, co-founder of Tezos, commented on the recent rise in Bitcoin prices during the Web Summit, attributing it to heightened regulatory certainty in the U.S. She noted that with reduced ambiguity regarding the status of cryptocurrencies, more innovations such as tying real-world assets to crypto can emerge. Breitman emphasized the need for better industry standards, drawing parallels between the crypto market and the 19th-century railroad boom, where a lack of standardization created complications. She expressed hope that with increased legitimacy from U.S. authorities, the focus on underlying technologies, like wallet infrastructure, would sharpen, enabling more serious players to enter the space.
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