Cryptocurrency regulation remains a challenge for governments, and there seems to be no easy way to get around this topic. Some voices seek to make all decentralized finance (DeFi) products illegal, and conversely, some oppose any regulations. Regardless of the most extreme voices on either margin, there’s a pressing need for a bridge between industry innovators and regulators if the industry hopes to increase investor confidence.
Unlike other commodities, the challenge posed by attempts to regulate DeFi products is caused by the fundamental aspect of DeFi, decentralization. In the context of blockchain-based financial assets, decentralization refers to the transfer of control and decision-making from a centralized entity to a distributed network. Decentralized networks aim to limit the amount of trust that participants must place in one another and to prevent them from interfering with one another in ways that would impair the network’s performance.
Instead, a distributed ledger...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...