I have tried to ask myself this question many times: What can be done to restore and foster investors' confidence in cryptocurrency?
There have been several incidences, most especially as regards the issues of hack of exchanges and several other forms of stolen funds, which has in turn cause down trend at some points in the crypto space.
These incidences have made a lot of people to be at their wit ends, not knowing what to do.
If I should ask everyone what can be done to foster confidence, we will all have different things to say. Nonetheless, suggestions are welcome, but before that, I just feel that regulation is part of the main language that can restore.
Aside that, if exchanges have not started the process of insuring the funds on users on their platform, it will be good they start that.
Why are you sure that regulation can restore? to my knowledge that regulation has two possibilities a mitigating regulations and burdensome regulations. In my opinion to restore the trust in crypto especially to large investors, namely good news, an example when we know that world tennis players are investing in crypto I see volumes and fluctuations starting to rise and growing confidence in the market, while when binance loses 7k bitcoin after the news the market experiences correction even though binance can overcome it but we don't know what impact the news has in the future.