Asian Investors Call For Regulatory Clarity on Cryptocurrencies in the US
cointelegraph.com
Speaking at BlockShow Asia 2019, Proof of Capital managing partner Edith Yeung called out American regulators for leaving blockchain-based ventures in the dark. Binance also specifically established Binance US in conjunction with BAM Trading Services, an approved partner of the Financial Crimes Enforcement Network (FinCEN).
Rae Deng, founding partner of the Singapore-based VC firm Du Capital, expressed agreement with Yeng from the BlockShow stage:
“We welcome more regulations as a vacuum of the proper regulation last year or the year before turned into vulnerable situations.” Yeung invests in blockchain and AI startups through Proof of Capital, with a portfolio that includes Stellar, Nebulas, Solana, Oasis Labs, and Hooked, among others.
Read in Full: cointelegraph.com
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