CryptoQuant Founder: Well-regulated cryptocurrencies and Web3 are not scams

BlockBeats reports, on September 29th, CryptoQuant founder Ki Young Ju stated on platform X that cryptocurrency and Web3 are not scams under proper regulation.

Web3 realizes borderless collaboration through tokenized incentives, functioning more like a "protocol" rather than a "company", which will fundamentally change the way humans cooperate. Although there is fraudulent behavior in Web3, it should not overshadow the huge potential of blockchain technology.

He called for intelligent regulation to transform Web3 into a stable and trustworthy space, emphasizing that politicians' attention to cryptocurrencies is crucial for advancing regulatory progress.