Matrixport’s Cynthia Wu on China’s Crackdown on Bitcoin Mining and More

“There’s always been uncertainty in how the Chinese government will handle crypto,” Wu said during an interview at Blockworks Digital Asset Summit in New York.


Cynthia Wu, founding partner at Matrixport


key takeaways

  • The Matrixport exec has seen many clients who mine bitcoin move to North America following regulatory clampdowns
  • However, there has been an influx of larger institutions getting involved in the space this year, according to Wu

Cynthia Wu, founding partner at Matrixport, joined Blockworks for an interview at the Digital Asset Summit (DAS) in New York last month after she spoke on the “Institutional Lending and Yield Generation in Digital Assets” panel. 

Wu, who previously served as investment director at Bitmain, shared insights from the conference and talked about topics including:

  • Industry-wide challenges to accelerating mainstream adoption in crypto
  • Regulatory crackdown on bitcoin in China
  • Differences in user demands on Matrixport’s platform since its inception
  • Crypto as an “emerging asset class”

Watch the full interview below and all of the panel videos from DAS here

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