This appears to be a proactive sign of confidence from the city of New York, but it may also act as a lead behind which other progressive regions can follow. For the Australian ecosystem, this reaffirms the value of government support in fertilizing early-stage growth and community consolidation. By investing in both improving awareness and encouraging innovative cross-pollination, the Australian government can support the upward momentum of the blockchain industry, which it took a small step towards earlier this month.
Australia's Crypto Scene: What Consensus 2018 Signals For The Future
Consensus is at the intersection of industry education and innovation showcases. There is a strong emphasis on sharing knowledge from the community’s forefront minds and this year the subsequent developments over the course of Blockchain Week foreshadowed signs of the future for crypto assets.
2) Institutional investors are preparing to enter the industry
Two of the industry’s largest companies announced new product lines designed specifically for institutional investors. Coinbase, one of the largest cryptocurrency exchanges, released a new suite of offeringstargeted at institutional investors including a custody storage solution, a trading platform and a market making facility
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