The crypto billionaire and ex-CEO of Bitcoin (BTC) mining giant Bitmain, Jihan Wu believes that the current scenario of regulatory interventions in the crypto industry could be “a good thing in the long term.” During a CNBC interview at the Asia Tech x Singapore conference, Wu pointed out that the sector had already grown almost to “a trillion-dollar market cap industry,” with over 10% of United States citizens having some involvement with the new asset class. As a result, if the involvement if regulatory are strong it would be a net gain for crypto over time.