Sink or Swim: Governments Must Embrace Blockchain Technology

2 min read

The reaction of different governments to blockchain as technology and cryptocurrency, in particular, vary significantly. While some embrace the technology and have given the industry a boost through supportive policies and frameworks, others, such as China, have chosen to be overly restrictive, issuing stringent warnings on ICOs, development and trading in cryptocurrencies. In China, a ban on ICOs has been effective since September 2017. On the other hand, in Hong Kong, a stone’s throw away from China, the government is proactively engaging its citizens through media campaigns aimed at providing a “correct and comprehensive understanding of ICOs and cryptocurrencies,” according…...

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John DeCleene Whilst having spent a lot of his life in Asia, John DeCleene has lived and studied all over the world - including spells in Hong Kong, Mexico, The U.S. and China. He graduated with a BA in Political Science from Tulane University in 2016. Fluent in English and proficient in Mandarin and Spanish, he can communicate and connect with most of the world’s population too, and this certainly helped John as he gained work experience interning for the U.S.-Taiwan Business counsel in Washington D.C. as an investment analyst and then working alongside U.S. Senator Robert P. Casey of Pennsylvania as a legislative intern. He subsequently worked as a business analyst for a mutual fund in Singapore, where his passion for travel and aptitude for creating connections between opportunities and ideas was the perfect intersection of natural ability and experience, spending his time travelling between Cambodia, Hong Kong, and China investigating and discovering untapped investment opportunities. John is a fund manager for OCIM’s fintech fund, and currently progressing towards becoming a CFA charter holder. He loves to travel for business and pleasure, having visited 38 countries (including North Korea); he represents the new breed of global citizen for the 21st century.