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

The Defiant - DeFi Podcast

CHAPTER

Is There a Turf War in Crypto?

In the US, regulatory agencies are sort of autonomous to a large degree. They have their own long-term political careers or they want to go back into private practice and make a lot of money. So since crypto is one of the few things that doesn't have clear regulations yet, naturally it's a good target for them. And what they are doing is they are competing for resources from Congress to get as much money as possible.

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