Crypto Executives at Consensus Miami Discuss Role of Diverse Input in Product, Policy, and Hiring

Mangiero explained that the Crypto Council for Innovation’s policy work on staking evolved after including builders of staking primitives in discussions. 'Sometimes we might think we understand, or we’ll put things into a bucket. We’ll take a shortcut and say, oh, that sounds like a fund.

Oh, that sounds like interest or yield, when in actuality what’s going on under the hood is different,' she stated. Following this input, the organization began describing staking as a technical service rather than a financialized product. Mangiero further noted the industry's current momentum in policy circles.

' she stated. She emphasized that effective policy requires reflecting diverse communities, including token holders and those building on blockchain networks, while protecting consumers and fostering innovation. Wilkis Wilson addressed diversity in hiring, pointing out a common bias where people tend to hire those who resemble themselves or evoke their younger selves.

'Many of us fall into a very comfortable bias of hiring people who not only might look like ourselves or remind you of your younger self,' she stated. She cited a 10-person startup where a Myers-Briggs analysis revealed eight extroverts on the team.

'It’s really important, when you’re growing teams, to not only bring in diversity on the outside, but also to think about diversity on the inside,' Wilkis Wilson added.

CoinDesk reported this example underscored the need for internal diversity to avoid echo chambers in expanding crypto teams. The panelists collectively highlighted how such inclusive approaches lead to more robust decisions across the sector. In related developments covered by CoinDesk at the conference, Kraken co-CEO Arjun Sethi stated that the cryptocurrency exchange is 80% ready for an initial public offering.

This announcement came amid discussions of industry growth and partnerships, including Kraken's collaboration with MoneyGram to facilitate crypto-to-cash conversions. Sethi's comment reflects ongoing preparations for public listing in the evolving crypto market.