Mark Karpeles, former CEO of Mt. Gox, said in an interview at Blockchain Week in Korea that the risk of centralisation in the industry is too high and there are too many scam projects. "There are so many projects like this that I would use the word bad in a very broad sense because it is either a scam project or a project that does not bring any new content that is too prominent." In addition, Karpeles also did not forget to promote the layered deterministic wallet (HD) technology, and said that...
Yam Ki Chan, vice-president of Circle, said in an interview during Blockchain Week in South Korea on Wednesday: "Major jurisdictions around the world have set minimum standards for well-regulated stablecoins, and it is the US that has yet to fully implement them." He pointed out that in the United States, many states regulate stablecoin issuers under existing money transfer laws, which also apply to payment services such as Apple Pay, Google Pay, and PayPal. These issuers must obtain money trans...
In an interview at the Korea Blockchain Week event, BitGo CEO Mike Belshe responded to the company's partnership with Justin Sun-affiliated BiT Global. Belshe said critics lack a "rational and honest" attitude. Belshe pointed out that the biggest critic, Threshold, has publicly stated that if he gains the full market share of Wrapped Bitcoin (WBTC), its token value will increase by 35 times. He believes that "it is absurd to criticize our efforts to decentralize Wrapped Bitcoin just to increase ...