Last week, the Cardano Foundation was busy in Taipei, Taiwan. At the Asia Blockchain Summit, Nathan Kaiser, Chairperson of the Cardano Foundation, participated in a panel discussion on ‘Designing compliance: Sanctions, AML and Custody’, where he raised relevant challenges for cryptocurrencies, such as the unfitting nature of traditional rules when designing compliance and building standardization.
Other interesting discussions and debates at ABS included one between BitMEX co-founder, Arthur Hayes, and the economist Dr. Nouriel Roubini on why one should be for or against cryptocurrencies. Dubbed ‘Dr. Doom’, Roubini talked about the scams and hype in the industry while Hayes pointed out the infant maturity of the promising technology and its opportunities to change the society.
During the week, the Cardano Foundation also took the time to sit down with local and international media to discuss the project as well as the Foundation’s mission to develop the Cardano ecosystem.
Last, but definitely not least, the Foundation hosted the inaugural meetup in Taipei where team members led by Nathan, Bakyt, Ye Ji, Lei and Mike from Emurgo (pictured below), were able to meet with the local Taiwanese community members.
