Alex Blania, co-founder and CEO of Worldcoin's parent company Tools for Humanity (TFH), spoke at the "Virtual Fireside Chat: Sam Altman" session at Token2049 in Singapore, saying: "The communication with regulatory agencies and policymakers, especially after the official launch of Worldcoin, is an important part of my current work. I want to make it clear that, especially last year, the entire industry went through a difficult period. I went to many countries and they are really trying to explore a general regulatory framework for cryptocurrencies.
We all know about the situation in the United States, but similar situations are happening around the world, and parliaments and ministers of various countries are discussing how to regulate cryptocurrencies as a whole. To be honest, a large part of my conversations with people involve this, but I think progress will be made and it must be made relatively quickly. I think Worldcoin has accelerated this process to some extent in some countries, and we will continue to provide assistance and communicate with as many people as possible.
Currently, I think the main problem we all face is that most of the products we have built have not yet become mainstream. Or, in fact, very few products have become mainstream. But I think this will change."
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