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ROLLUP: 5th Week of December

Bankless

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The Evolution of YAM and Regulatory Challenges

This chapter explores the development of the YAM protocol from a food token to a decentralized autonomous organization (DAO), focusing on governance changes and the recent removal of its rebasing feature. It also addresses significant regulatory issues in the cryptocurrency realm, including the ongoing Ripple lawsuit, new FinCEN rulings, and the implications of eToro's potential IPO in relation to XRP's market challenges. The discussions highlight the dynamic landscape of DeFi innovations and the urgent need for public participation in regulatory processes.

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