CryptoQuant CEO Ki Young Ju calls regulation key to long-term growth of Web3 and crypto. 🌐
- Ju: Web3 can "develop responsibly" with a legal framework to reduce fraud and build trust.
- Web3 enables "borderless collaboration," potentially involving millions of people.
- The industry needs "smart regulation" for sustainable growth.
Reactions from the crypto community:
- Some agree with Ju, saying regulation is necessary.
- Others worry that regulation will limit big profits and view crypto as a scam.
- Concerns about centralizing regulation, which could create monopolies and stifle competition.
What do you think? Comment below! 💬
#Crypto#Web3#Blockchain#BTC #Regulation