Regulate DeFi and get stakeholders' input | American Banker
To create sensible rules around decentralized finance, regulators have to have an open discussion with businesses in the industry. To do that, they must create a path for collaboration.
Regulation and compliance BankThink Regulate DeFi and get stakeholders' input By Kirill Gertman Published June 03, 2022, 10:50 a.m. EDT 3 Min Read Facebook Twitter LinkedIn Email The fundamentals of our financial system have remained relatively unchanged for over two centuries since the U.S. dollar was first minted in 1792. This has resulted in deeply entrenched rules and regulations surrounding money in our country. The Securities Act of 1933, created as a response to the Great Depression, is still in action today. Many companies in the cryptocurrency space are working under the assumption th
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