How Gary Gensler Could Approach DeFi Enforcement


Plenty of crypto operators will rightly view placing enforcement forward of regulation as shutting the barn door after the horse is unfastened. To some extent, it’s a consequence of the shifting priorities of a brand new administration. Trump administration regulators, for higher or for worse, made solely incremental progress on laying out guidelines for crypto, a lot much less DeFi, as crypto and DeFi grew from marginal to significant between 2016 and 2020.