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Founder of First Chinese Crypto Exchange Claims Digital Assets Have Edge Over Crypto Tokens

  • Bobby Lee, former CEO of the first Chinese crypto exchange BTCC, still thinks that digital assets in the likes of BTC, ETH and LTC are a good form of investment

Cover image via U.Today

Cheddar reports that Bobby Lee, former CEO of the first Chinese cryptocurrency exchange BTCC, still thinks that digital assets in the likes of Bitcoin, Ethereum and Litecoin are a good form of investment. At the same time, he is not enthusiastic about crypto tokens that are launched by companies with the purpose to fund a specific project.   

During the interview, Lee also weighed in on the issue of Ripple’s centralization. He is worried that a lot of companies and people are “misusing” it, trying to apply the coin to something that they launch themselves.
 

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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