Transcript Ep.604: 2 Lawyers on How the U.S. Can Finally Regulate DeFi
The co-authors of a new paper discuss how to block illicit activity without turning neutral software into financial institutions.
And one of the hallmarks or critical pieces for us in doing this analysis was that we both believe, I think, that the base layer needs to remain critically neutral and permissionless. And so this was really thinking about where you would actually have a very effective regime for financial integrity or combating illicit finance. And if 80%…