The State of Crypto Regulation | Jake Chervinsky (SotN 8/17)
Bankless
Crypto's Collective Regulatory Response
This chapter explores how stakeholders in the cryptocurrency industry united to address regulatory challenges posed by a significant infrastructure bill. It highlights the collaborative efforts in Washington, D.C., emphasizing the tensions between innovation and regulation in the evolving landscape of decentralized finance (DeFi). The discussion critiques the fragmented U.S. regulatory approach, comparing it with global strategies, and underscores the urgency for a coherent framework to support financial innovation.
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