Web3. It promised a decentralized utopia. Instead, frequently, it brings news of rug pulls, hacks and regulatory crackdowns. Remember that Bored Ape Yacht Club theft? Or that DeFi protocol hack that siphoned off millions? These aren’t one offs, but rather brushstrokes painting a dark and troubling picture of a climate...
Indian public relations (PR) agencies are going through a massive transition like never before as they prepare themselves to fulfill the requirements of their Web3 clients. These agencies are recalibrating their outreach and education strategies, hiring communications and technology experts, and embracing community-driven approaches to move through the decentralized landscape....
The world of Decentralized Finance (DeFi) definitely feels like the Wild West right now. Here, innovation is king, and most consider regulations to be pesky limitations on creativity. A deeper dive reveals an inspiring story. Well-crafted, strategic, risk-based regulations will allow DeFi’s benefits to reach the mainstream. Intelligent regulatory frameworks...
The cryptocurrency landscape was already dauntingly unstable before the FTX collapse. Shaping this already complicated moral thicket are significant and powerful political actors and regulatory agencies. The SEC is walking a very fine line in crypto right now. Counterbalancing this challenge are the likely impacts of characters such as Donald...
Moving forward, decentralized finance (DeFi) will need a much more differentiated regulatory approach. For these and other DeFi projects, a universal regulatory approach is not only impractical but ineffective. The Web3 ecosystem deserves well-defined guardrails that continue to allow for innovation and advances in building technology while protecting users. Uncertainty...
Is Trump’s possible crypto-friendly future a real win-win for all or is it just one more gilded cage, especially for those adventurous, entrepreneurial artists grinding in the digital fields? Because that’s the question we should really be asking.Crypto's Promise: A Level Playing Field?We've all heard the siren song of crypto:...
It sounds like the future, right? We look forward to an ever more artistically rich future, particularly for the artistic creators across Southeast Asia. That future sounds a bit…shady at the moment. The biggest reason? The Wild West regulatory environment.We hear the cries: regulations kill innovation! I’ll hand it to...
Remember the gold rush? Chaos, scams, and a few lucky winners. That's been DeFi for too long. The utopian ideal of a wholly unregulated online Wild West is a perilous delusion. Then it’s really time to trade our six-shooters in for smart contracts and smart regulations.Innovation Needs Guardrails, Not AnarchyWe've...
Earlier this week, Paul Atkins was sworn in as SEC Chair. This begins the third official term he’s served with the agency. Shortly after the Senate confirmed Atkins, he got right to work defining his priorities. To his credit, he seems intent on laying out unambiguous regulatory guardrails for the...
Now returning to SEC Chair for a third time, Paul Atkins appears to be willing to work with Congress to make crypto work. He promises welcome clarity, touts entrepreneurs who deserve rules, and even gives a shout out to Hester Pierce, crypto’s favorite commissioner. Congress’ FIT21 is on the table,...
