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Delphi Labs' Gabriel Shapiro on How 100% of DeFi Could Become Illegal

The Defiant - DeFi Podcast

CHAPTER

Do You Think Regulating Derivatives Is a Good Idea?

I do see kind of the case for saying you know these are really derivatives that are being traded on unregulated exchanges. I actually think they could make DeFi and crypto and web free better if they were intelligently crafted right so in my opinion with that would look like is it would be a very permissive disclosure oriented regime. The original idea behind the securities laws was basically hey you can sell a security you just have to give really good disclosures about its nature and the risks, who's involved in conflicts of interest and things like that.

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