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The Future of DeFi
US regulators are looking at ways to regulate DeFi. And one of the suggestions that we saw, like potentially making its way through Congress last fall was the notion that the front ends would be regulated. When I was learning about kind of these hook contracts and everything, I couldn't help but think, oh, could a hook be used to implement like KYC, AML? So it could be like super far in the future. But there have been projects that have been playing with this concept since like the beginning of time or since the beginning, like for a long time. It's never been like hard coded into the protocol as a requirement. You can both break the law on the internet