Tron DAO (TRX) founder and Huobi Global adviser Justin Sun said regulations are beneficial for the crypto industry. and added that a globally unified rule would complement the spirit of blockchain in an exclusive interview he gave CNBC.
Sun explained that blockchain technology emerged to set a global standard for financial interactions, and therefore an international regulatory framework would be a good fit for the crypto industry.
According to Sun, the Asian markets “with a transparent and clear regulation” will dominate the next bull run in crypto in 2023 and 2024. Sun said that clear regulatory frameworks provide full transparency into the industry, attracting high-net-worth individuals.
All Comments