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

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.)

CoinFlip is a fintech company powered by cryptocurrency with an 8,000-square-foot innovation center and office near downtown Tampa. It has about 4,000 bitcoin ATMs in the U.S. and Canada where people can buy, sell and access crypto. The Tampa office is its second in the country.