MarketOrders Co-Founder & COO, Sukhi Jutla, was recently quoted in Cointelegraph article ‘Five Countries Where Crypto Regulation Changed the Most in 2019’.
The journalist, Julia Magas, wrote:
Similar expectations were shared with Cointelegraph by Sukhi Jutla, the co-founder of MarketOrders — a blockchain-based platform for the gold and diamond jewelry industry:
“With over 1 billion population in China, this looks like the perfect testing ground to see mass adoption taking place. China is already the leader when it comes to mobile payments and creating their own dedicated cryptocurrency was the natural next step. China is the home to thousands of blockchain startups so I wouldn’t be surprised to see China leading the way and making even more gingiva advancements in 2020.”
According to MarketOrders’ Jutla, the United Arab Emirates is one of the leaders in crypto regulation when it comes to the Middle East. He said:
“This year, the Securities and Commodities Authority (SCA) in the United Arab Emirates drafted a resolution on regulating crypto-assets, providing greater clarity for crypto-related projects in the Middle East nation. By drafting this resolution, the UAE is sending a positive sign to the world. This can be seen as a signal that they are open to exploring this area and by creating guidelines they are giving more reassurance, confidence and stability to businesses owners who may want to enter this field.”
Along with Sukhi, other experts gave their opinions:
- Alina Kiselevich, Enigma Securities
- Steve Tsou, RRMine
- Jessica Renden, Cointree
- Evan Luthra, EL Group International
You can read the full article here.