Crypto leader: 'Regulatory clarity' will help stave off future failures

The CEO and co-founder of CoinFlip says strong business can survive the industry upheaval.

Ben Weiss, CEO and co-founder of Chicago-based CoinFlip. The company opened has opened an office in Tampa with plans to develop Web3 products and take the mystery out of cryptocurrencies. (Courtesy photo)
Ben Weiss, CEO and co-founder of Chicago-based CoinFlip. The company opened has opened an office in Tampa with plans to develop Web3 products and take the mystery out of cryptocurrencies. (Courtesy photo)
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Ben Weiss, the Chicago-based CEO and co-founder of CoinFlip, which recently expanded into Tampa, remains bullish about the cryptocurrency industry — despite the recent spectacular collapse of FTX. Weiss, for one, believes more regulations will soon add structure to the Wild West vibe of crypto, and the strongest companies will survive. (CoinFlip, says Weiss, does not rely on FTX, a crypto exchange, for its business operations.)

 

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