David Fong on Cashless Society, Cryptocurrency, and Regulations

David Fong, President of FinTech Association of Malaysia shares his views on how we will be moving very quickly towards a cashless society, which is great for cryptocurrency adoption. FinTech businesses are on the rise, capitalising on the power of blockchain and push from government to go regional. Still, the ongoing debate on how much regulation needs to be in place will be a topic of discussion for a while as both users and authorities try to strike a nice balance. After all, David believes, that no business can flourish with trust and having the right regulations in place.