citiformer manager of Matt Zhang, some projects cryptocurrencyHe stated that he should not remove it.
These days, when US regulators increase the pressure on crypto money, different thoughts began to emerge. Among the ideas that come with harmony and solution-oriented, the adaptation of cryptocurrencies to the industry is very often talked about. The crypto industry, on the other hand, remains united in the face of pressure from regulators.
The Blockgiving an interview to citiformer manager of Matt Zhang, citing regulatory pressures, argued that some crypto projects should not create tokenization.
Former Citi Executive Makes Statement on Web3 and Crypto Projects
Former executive of banking giant Citi Matt Zhang interviewed The Block. Zhang touched on the increasing crypto pressure and the nature of the projects recently.
Zhang , especially drew attention to the issue of Web3. According to the former executive of Citi, the concept of the project token created on Web3 is wrong. Zhang argued that Web3 should run a business in different ways and act community-first. Because Zhang, most Web3 projectthinks it’s not organic enough to own a cryptocurrency.
After almost every crypto project is launched on the mainnet tokenization to the subject you are headingStating that, Zhang underlined that some of these projects should not have cryptocurrency.
