According to Cointelegraph, New York State Councilman Clyde Vanel said on Friday that the blockchain industry needs to better lobby for itself and raise the regulator's perception of the blockchain. According to Vanel, businesses based on cryptocurrency and blockchain need to better communicate their achievements and values to the public. In emerging industries, bad actors often occupy all headlines, while projects with real value are ignored. Vanel believes that states have a responsibility to promote the development of relevant government-level regulations. He believes that the State of New York has taken a more cautious approach, especially in protecting investors.