I’m currently writing a new article for Cryptonews.com about DeFi regulation. In particular, this article will seek to understand what incoming regulation will look like, and the extent to which it will impact the DeFi sector and its development.
Would any relevant individual involved with Maker be able to help with this by answering a few questions in writing? Please let me know.
1. It seems like governments and regulatory bodies in various parts of the world are preparing/revising tighter cryptocurrency regulations (e.g. the European Commission’s recent AML proposals, FATF revising its guidelines). How do you think incoming changes in regulation will affect and impact the DeFi sector?
2. In your opinion, do governments and regulators want to nurture DeFi? Or do they want to restrict it heavily?
3. How long do you think it will take for DeFi to have clear guidelines and regulations? Should individuals, startups and organizations hold off launching new DeFi services and platforms until guidelines are established? Do you think some will hold off launching new services?
Many thanks for your time.