Sui "The Key is 'Regulatory Clarity'... Accelerating Expansion of Payment Infrastructure Based on European MiCA" [Road Interview in Dubai]

Christian Thompson Sui Managing Director Road Interview

Accelerating Business Expansion Based on Regulatory Clarity

Communicating with Korean Conglomerates and Institutions

"We Will Create Real Use Cases"

Bloomingbit met Christian Thompson, Managing Director of the global Layer 1 blockchain Sui, at the Sui Basecamp Dubai held at the Intercontinental Festival City in Dubai on the 1st (local time).

Christian Thompson, Managing Director of Sui, pointed out 'regulatory clarity' as the most important factor for a Layer 1 chain to expand its business as a platform. The reason why they were able to provide a tailored Sui coin wallet and virtual Mastercard to the European market through cooperation with X's financial payment platform Xmoney is also because regulatory clarity based on Europe's comprehensive virtual asset regulation (MiCA) was secured.

He said, "As regulations stabilize in the European market, Sui is also accelerating its expansion. We will actively pursue business expansion as various global regulatory agencies, including those in Korea and Asia, are showing proactive attitudes."

He also emphasized the importance of the Korean virtual asset (cryptocurrency) market. He said, "Korea is a very important market for us. We held the last Sui Basecamp in Korea and participated as a keynote speaker or main sponsor at major events. We plan to invest a lot of funds and manpower in the future."

He mentioned that they will continue to collaborate with companies and institutions, knowing the importance of the Korean market. He said, "We are discussing various collaborations with Korean conglomerates, banks, and major projects, which are not yet disclosed. We will build real use cases of the Sui ecosystem based on Korea's content intellectual property (IP), etc."

Regarding the recent collaboration with Pokémon that heated up the market, he showed a cautious attitude. Recently, as Parasol Technology, a blockchain game studio acquired by Sui developer Mysten Labs, was mentioned in the new medal collection feature of Pokémon HOME, a Pokémon cloud storage service, the Sui (SUI) token surged 72% in a week. Director Christian was reserved about the collaboration related to Pokémon, saying, "There is no disclosed information about this yet."