Compliance is the cornerstone of mass adoption of Web3, says CertiK co-founder
AI Overview
According to PANews, CertiK co-founder Gu Junhui emphasized the importance of compliance as a fundamental element for the transition of Web3 into the mainstream during his speech at the Unchained summit in Dubai. He highlighted CertiK's role in supporting global regulatory authorities by providing public audit reports and Skynet tools for monitoring transactions and blockchain technologies.
Gu Junhui, who is involved in organizations such as the Monetary Authority of Singapore and the Hong Kong Web3 Working Group, is actively participating in the development of a global Web3 governance system. He explores the balance between decentralization principles and regulatory requirements, advocating for regulatory policies that are 'manageable, visible, and enforceable.' Industry observers believe that involving technical experts in the policy-making process will be a significant practical model for innovative Web3 regulation, fostering the long-term healthy development of the industry.
CertiK's services span 150 countries and over 4,900 clients. The company collaborates with regulatory bodies in regions such as Singapore, Hong Kong, and Dubai, offering technical recommendations to enhance regulatory frameworks. $CTK