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