Sonia Shaw, the president of CoinW, stated at the Future Blockchain Summit that while decentralized finance is the ultimate goal, centralized exchanges are still the main force in attracting new users. She believes that regulators and centralized exchanges need to explore together to pave the way for the popularization and innovation of blockchain technology.

Odaily Planet Daily News: On the afternoon of October 14, local time, at the Future Blockchain Summit held in Dubai, Sonia Shaw, President of CoinW, hosted a Fireside Chat titled "From Niche to Norm: The Next Mainstream Adoption of Web3." During her speech, Sonia mentioned that although decentralized finance is the ultimate goal pursued by everyone, centralized exchanges still play a major role in attracting new users at present. In the long run, decentralized finance is an inevitable choice for the future, but the industry still needs regulatory agencies to explore together with centralized exchanges to address the challenges ahead and pave the way for the popularization and innovation of blockchain technology.

CoinW President Sonia Shaw: Exchanges are an Essential Piece of the Compliance Puzzle