UTC-05:00,Friday , April 19th 2019

Huobi CEO: The Biggest Challenge of the Blockchain Is the Law

05:21 Thursday , November 08th 2018
In a recent blockchain course at Tsinghua University School of Economics and Management, Huobi CEO LI Lin has stated that the biggest challenge faced by blockchain is the law, and the existence of blockchain would be no value without the interpretation of the supreme law.

According to him, in the coming year, the main focus will be on the development of securitization tokens and stablecoins, both of which will bring tremendous changes in the industry. One is the asset side, and the securitization token would bring more and more high-quality assets to the chain; the other is the capital side that involves how the global funds enter the global value network through the dollar-pegged stablecoin. The asset side represents more liquid assets flowing in, and the capital side represents more flexible global funds entering this market, both of which are revolutionary.