We Need Regulatory Clarity to Keep Crypto Exchanges Onshore and DeFi Permissionless
Markets Outlook
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The Importance of Voluntary Registration for Decentralized Exchanges
Decentralized exchanges face a different regulatory challenge beyond the typical SEC gaslighting on registration. 20th-century financial regulations designed for financial intermediaries are inappropriate when applied to disintermediated software protocols. US policymakers ought to let crypto-innovation rip by providing realistic registration pathways for centralized exchanges and allowing permissionless competition, says Adam Lovine.
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