SK Telecom Vice President: If legal risks such as FTX are resolved, the crypto market will see significant growth
SK Telecom's Executive Vice President Oh Sae-hyun predicted in his UDC 2023 keynote speech that the virtual asset market, including Bitcoin, will experience significant growth if legal risks such as the FTX scandal are resolved.
In addition, she predicted that 70% of new value creation in the next 10 years will be based on digital platform businesses, and infrastructure such as Web3 will be crucial in supporting this growth. Web3 plays a very important role in supporting the development of such businesses because it provides trust-based infrastructure. Therefore, the development of Web3 technology will play a key role in shaping the digital economy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum NUPL Indicates Growing Panic: A Look at How a $3K Shift May Alter Perspectives
SEC's Approval of 21Shares' ETH Staking Could Offset Anxiety and Bring New Optimism to Ethereum Investors
![](https://img.bgstatic.com/multiLang/image/social/bd9235d53c5cdbdcff3dd6356886dad11739640132516.png)
Changing the Balance: Nasdaq Makes Serious Cryptocurrency Call to SEC
US technology exchange Nasdaq has filed a cryptocurrency complaint with the US Securities and Exchange Commission (SEC).
Pig Butchering Just Got Smarter: 40% Surge Shows Scammers Moving Faster and Hitting Harder
Tether Acquires Minority Stake in Juventus to Drive Blockchain Adoption in Sports
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)