**CryptoQuant CEO Calls for Regulation in Web3 and Crypto**
Ki Young Ju, CEO of CryptoQuant, has stirred the pot by advocating for regulation in the Web3 and cryptocurrency sectors. In a recent post, Ju emphasized that proper regulatory frameworks could help mitigate scams and build trust, allowing these technologies to "thrive responsibly."
**Key Points:**
- Ju highlighted Web3's potential for "borderless collaboration," likening its future impact to that of global corporations.
- He acknowledged the industry's current reputation issues due to scams and called for "smart regulation" to ensure long-term growth.
- The crypto community is divided: some support Ju's call for regulation, while others fear it could limit profits and stifle innovation.
- Concerns were also raised about regulatory centralization potentially leading to monopolies and corruption.
Ju's comments have sparked a lively debate, reflecting the ongoing tension between innovation and oversight in the crypto world.