Worldcoin developer CEO Alex Blania said in a group interview during this week's Korea Blockchain Week event that Worldcoin's current focus is on promoting Orbs globally. "I think fundamentally, unlike other networks we've seen over the last few decades [like PayPal, or even social networks like Facebook], they only become useful when they get to scale," says Mr. Blania. "So what we're looking at right now is global distribution and the number of users who are verified and using the service."
In an interview at the Korea Blockchain Week event, BitGo CEO Mike Belshe responded to the company's partnership with Justin Sun-affiliated BiT Global. Belshe said critics lack a "rational and honest" attitude. Belshe pointed out that the biggest critic, Threshold, has publicly stated that if he gains the full market share of Wrapped Bitcoin (WBTC), its token value will increase by 35 times. He believes that "it is absurd to criticize our efforts to decentralize Wrapped Bitcoin just to increase ...
US SEC Commissioner Mark T Uyeda said at the Korea Blockchain Week 2024 event that the SEC needs to create a dedicated S-1 regedit for digital asset securities. Uyeda pointed out that the SEC has the flexibility to customize registration requirements for specific financial products, and this practice should extend to the cryptocurrency and digital asset securities space. He stressed that the SEC should not create a "dilemma" in which issuers of digital asset securities are required to provide ir...