Crypto Regulation Vs. Innovation: Who’s Winning the Match-up?
Can regulators and crypto projects work out their differences to create safe environments for digital asset trading? Or are they destined to forever butt heads?
In an ideal world, there are no winners or losers. It’s the continued conversation between crypto leaders and regulators that will ultimately drive innovation.
Why Are Regulators Focused On Crypto?
The history of crypto fundraising is a tumultuous one. The ‘Wild West’ of initial coin offerings (ICOs) needed guardrails to protect investors against scams and weak projects out to make a quick buck.
Security Token Offerings (STOs) were born from a need to meet regulatory requirements, but many crypto purists argue that security tokens are antithetical to the spirit of decentralization that makes blockchain projects unique in the first place.