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What entrepreneurs are saying during the two sessions

chinadaily.com.cn | Updated: 2018-03-15 06:21
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3. Pony Ma Huateng, chairman and CEO of Chinese tech giant Tencent Holdings

Pony Ma Huateng, chairman and chief executive officer of Tencent Holdings Ltd and a deputy to the 13th National People's Congress, speaks during a news conference in Beijing, March 3, 2018. [Photo/VCG]

Ma acknowledged blockchain as an innovative technology, but remained concerned about initial coin offerings (ICOs) and digital currencies, which he thinks have many risks, as reported by Beijing Morning Post.

"If everyone could make their own currency as they wanted by taking advantage of blockchain, this will spell serious trouble for regulators. For now, though it's very hot, we [Tencent] haven't participated, and haven't considered releasing our own currency."

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