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177. Insights: What does AML and regulation look like in web3?
Blockchain Insider Podcast by 11:FS
Regulating Cryptocurrency in a Decentralized Space
I think this is the biggest challenge for regulators. They have always regulated intermediaries. You don't have anyone to serve a subpoena on in a truly decentralized space, right? How are you going to get that information? So I think today we've been trying to figure out how to regulate cryptocurrency and the way it moves on blockchains. It's much harder to do that sort of at the protocol layer. And I think what we're seeing is people sort of really work on the technology today and really build some solutions to this.
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