SK Telecom Vice President: If legal risks like those of FTX are resolved, the crypto market will see significant growth

ChainCatcher news, according to the Korea Economic Daily, SK Telecom's Executive Vice President Oh Sae-hyun predicted during the UDC 2023 keynote speech that if legal risks such as the FTX scandal are resolved, the virtual asset market, including Bitcoin, will see significant growth.

In addition, she predicted that 70% of new value creation in the next 10 years will be based on digital platform businesses, and infrastructures like Web3 are crucial for supporting this growth. Web3 plays a very important role in supporting the development of such businesses as it provides trust-based infrastructure. Therefore, the development of Web3 technology will play a key role in shaping the digital economy.