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

The Defiant - DeFi Podcast

CHAPTER

Is This Software a Permissioning Regime?

Over time that disclosure regime has morphed into a permissioning regime because it is so extensive. Only the most blue chip successful mature companies can possibly comply with that regime, he says. Congress should say what things do we want them to disclose let's come up with a list and pass a law saying they have to be honest right? "If you lie about it right we're going to come after you we'll see you for fraud" 'I think if they did that I think everyone would be better off right'  he adds.

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