5min chapter

Bankless cover image

Is DeFi Illegal Now? Tornado Cash Case Update | Jake Chervinsky

Bankless

CHAPTER

Legal Implications in DeFi

This chapter examines the complexities of control within decentralized finance and the potential legal ramifications of launching decentralized protocols. It highlights the challenges posed by regulations like KYC and their impact on innovation in tech sectors, while addressing the responsibilities of validators and software developers in the evolving cryptocurrency landscape.

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