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Cracking Crypto in '23, Ep 319 /Janine Grainger

NZ Everyday Investor

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Is the Internet the Big New Thing?

Is innovation and regulation negatively correlated? Can we have more innovation and regulation or will more regulation stifle innovation and effectively kill it? Bad regulation will stifle innovation. Regulation that is prescriptive, that is narrow in how it is applied can actually enable innovation because it puts in some guardrails and some protections. Here in New Zealand, for example, if we could put in place regulation that gave innovators and Web3 companies the boundaries they know that they can be safe and innovative then we'd see a real flourish in scene here.

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