Crypto remittances must have allure of cash without regulatory constraints — Jeremy Allaire

Digital cash systems built on the blockchain must retain the qualities of physical money in order to attract more users in developing countries — and must be able to do so without regulatory constraints — according to Circle CEO Jeremy Allaire. 

In a panel discussion at the World Economic Forum’s Annual Meeting, titled “Remittances for Recovery: A New Era of Digital Money,” Allaire discussed all the features that make physical cash an ideal medium for exchange. There’s a reason why…