Several Asian investment institutions have called for the US to develop clearer encryption regulatory rules

According to Cointelegraph, several Asian investment institutions said at the BlockShow Asia 2019 summit that the US encryption regulation needs to be clearer. Edith Yeung, managing partner of Proof of Capital, called for clearer regulatory rules that made it difficult for them to do business in the United States because of "tight legal relationships." Rae Deng, founding partner of Singapore-based venture capital firm Du Capital, also expressed support for Yeng's views.