3min chapter

Bankless cover image

EU Markets in Crypto-Assets (MiCA) with Seth Hertlein, Patrick Hansen, & Rebecca Rettig

Bankless

CHAPTER

Innovation vs Regulating

I think there's a temptation for European policymakers to sort of look and see, you know, these big US companies are adopting our rules. But there's a cost to that; being the first to regulate and regulating comprehensively comes with a cost. Regulation means everyone has to do the thing the same way. And if everyone is doing the things the same way, no one's coming up with new and better ways to do it.

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