2024

Coin

<ul class="wp-block-list news-points">
 <li>Web3’s decentralized model offers global collaboration, surpassing traditional corporations.</li>
 <li>Ki Young Ju highlights regulation as key to fostering trust and responsible Web3 growth.</li>
 <li>South Korea enforces strict crypto laws to combat fraud, protecting investors and markets.</li>
</ul>
Ki Young Ju, the founder of CryptoQuant, believes Web3 has the potential to transform global collaboration on a scale surpassing even Google.
He argued that with the right regulations in place, Web3 protocols can create a trusted ecosystem where millions can participate and benefit from tokenized incentives. But, he cautions that government inaction, particularly in key regions like South Korea, could hinder Web3’s growth and adoption.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Crypto and Web3: Not a Scam, If Well-Regulated Web3 enables borderless collaboration and value creation through token-based incentives, functioning more like a "protocol" than a "corporation." This marks a revolution in the way humanity collaborates. While global corporations…— Ki Young Ju (@ki_young_ju) <a href="https://twitter.com/ki_young_ju/status/1840318994693394812?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 29, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
Ki Young Ju acknowledged scams in crypto are a concern but believed proper regulation can make Web3 a trusted ecosystem. He stress…
The post <a href="https://coinedition.com/cryptoquant-founder-web3-needs-smart-regulation-to-drive-global-collaboration/" rel="noopener noreferrer nofollow">CryptoQuant Founder: Web3 Needs Smart Regulation to Drive Global Collaboration</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

CryptoQuant Founder: Web3 Needs Smart Regulation to Drive Global Collaboration

Coin Edition

Other articles published on Sep 30, 2024

Coinpedia Fintech News

Binance and BitMart to List EigenLayer token ($EIGEN)

Binance Lists EigenLayer: Price Surges as 10 Other Altcoins Get Major Updates

FED’s Rate Cuts Set to Benefit Ethereum (ETH): Here’s Why!

ETFs Hold 5% of Bitcoin Supply in Under 10 Months, More Growth Expected

Expert Analyses Why XRP Reaching $1,000 Is Not an Impossible

Join our free newsletter for daily crypto updates!