Foresight News reported on the spot, in the "CeFi Future, Start Now" dialogue in the main venue of "2023 Hong Kong Web3 Carnival", Zhao Changpeng said that security is inversely proportional to ease of use, we must incorporate multiple security procedures, but we are also Improving the user experience, even in terms of KYC, we are trying to localize as many solutions as possible. Many governments are trying to regulate the cryptocurrency space, which has the potential to promote the adoption of cryptocurrencies on a large scale. Regarding regulation, Zhao Changpeng said that it is very bad to have no regulatory clarity. It is very important to have a clear regulatory framework. There may be some considerations. How to achieve a balance is also a very important issue, but this may change over time. There is a shift. Cryptocurrency is different from banks, and the classification of encrypted assets is also confusing. Regulators need to have some industry experience. Regarding the promising track in the next year or two, Changpeng Zhao said that there are many interesting experiments, such as Bitcoin NFT and more efficient cryptocurrency payments. "Web3 Festival" (Web3 Festival) is a Web3 event brand jointly launched by Wanxiang Blockchain Lab and HashKey Group, and hosted by W3ME. This year's "Web3 Carnival" will last from April 12 to April 15, and will focus on the core issues of various Web3 tracks such as regulatory policies, Web3 infrastructure, and Metaverse.