If you've been keeping an eye on cryptocurrency in recent months, you've likely noticed that valuations for currencies like bitcoin or Ethereum are no longer anywhere near their peaks of about a year ago. It's a phenomenon referred to as the "crypto winter," a sustained decline that has seen the market lose more than $1 trillion in value from this time a year ago.
So, what does that mean for the association that represents that industry? The Blockchain Association, which was reporting robust growth back in February, is still seeing new members hop on board, in part because of what it represents to its membership.
According to Executive Director Kristin Smith, the association has added 30 new members since last February (hitting more than 100 total in September), and participants continue to be more broadly engaged in the association’s mission. This, she said, is in part because they realize that having a voice in the regulatory discussion is increasingly important.
Please select this link to read the complete article from Association Now.