Are regulators capable of effective oversight when they don't fully understand an industry? Impending legislation is going to shape the digital asset industry. Policymakers have indicated a willingness to act swiftly and sometimes without appreciating the breadth of their impact. Should digital asset markets brace for more heavy-handed action?
Principal Sebastien Davies gives a rundown of his thoughts on the issue in Cointelegraph. Give it a read and let us know what you think about the DeFi regulations: