We are pleased to share that Amber Group has partnered with Economist Impact on a content hub titled “Building the future of digital assets”. The hub features executive outlook interviews and advertorials co-created with Economist Intelligence, as well as an Amber Group-supported white paper on data portability. The content delves into the digital asset industry, showcasing Amber Group’s core businesses and perspectives on security, regulation, and more.

Amber Group CEO on Crypto Industry and Strategy for 2023

Our CEO, Michael Wu, shares his insights on the cryptocurrency industry and the importance of rebuilding trust. He emphasizes that the past year has been defining, filtering out bad actors and companies that lack governance and risk management. According to Michael, this presents an opportunity for the industry to build back stronger, with better governance, transparency, and investor protections.

Michael highlights our collaborations with industry players, including RockX, BitMart, and Thoughtworks as part of our efforts to transparency and security. At Amber Group, compliance is simply about doing the right thing, which involves investing heavily in transparency and security and working closely with regulators.

Read the full piece here: Reckoning and rebuilding

Amber Group Managing Partner on Rebuilding Trust in the Crypto Industry through Regulation and Transparency

Our Managing Partner, Annabelle Huang, emphasizes the importance of regulation to rebuild trust within the crypto industry. At Amber, we closely monitor the regulatory climate for crypto, especially in Asia-Pacific regions like Hong Kong, Singapore, and Japan. She notes that while institutional investors may be waiting on the sidelines, there is still interest in early-stage projects. We see upticks not only in the secondary market but also in primary markets where investors support early-stage projects.

Annabelle believes that improvements in technology, international regulations, and market conditions will contribute to a brighter future for crypto. With market capitalization reaching $1.2 trillion and high daily trading volumes, the industry is poised for a strong recovery. Recently, we have launched our first mutual fund, offering transparency into how assets are managed. We aim to establish more traditional financial practices and conduct due diligence to review all assumptions.

Read the full piece here: Finding stability after volatility

Amber Group Supports Economist Impact White Paper on Data Portability

As our digital and physical lives blend, data portability gains significance as a fundamental right. The latest Economist Impact report, supported by Amber Group, explores how data portability can offer greater choice and remove friction in traditional platform-based systems  for consumers, businesses, and societies.

According to the report, Web3 technology and the growth in distributed technology systems like cloud computing have the potential to radically change the demand for data portability. The report examines the legislative landscape for data portability, consumer perceptions, and potential models. While the concept is simple, achieving user-friendly data portability faces many challenges beyond technological hurdles due to lack of awareness among consumers, ineffective data legislation, relaxed enforcement of data portability rights, and inadequate adaptation by businesses.

Download the white paper here: Whitepaper | Open access: the future of data portability

Stay abreast of our latest developments, expert opinions, and insights by joining our Telegram channel (@Ambergroupen). We share valuable insights on all aspects of Amber and the crypto industry.