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How to Regulate a Financial Services Industry
I think those front ends, these are virtual asset service providers in this scenario are like really the only logical choke point for enforcing these kinds of regulations. My point with the tornado example is like, I don't think it's particularly effective. People are still going to use these protocols even if you shut down the popular front end. You cannot create a regulatory regime around all smart contracts invalidate the peer-to-peer nature of a transaction.