Basically, especially at this time, regulation that leaves the crypto space free to act internally but makes it harder for crypto projects to reach the mainstream is much less bad than regulation that intrudes on how crypto works internally.
— vitalik.eth (@VitalikButerin) October 30, 2022
Another maybe-controversial take of mine is that I don’t think we should be enthusiastically pursuing large institutional capital at full speed. I’m actually kinda happy a lot of the ETFs are getting delayed. The ecosystem needs time to mature before we get even more attention.
— vitalik.eth (@VitalikButerin) October 30, 2022
The “KYC on defi frontends” idea does not seem very pointful to me: it would annoy users but do nothing against hackers. Hackers write custom code to interact with contracts already. Exchanges are clearly a much more sensible place to do the KYC, and that’s happening already.
— vitalik.eth (@VitalikButerin) October 30, 2022
The response to the response
actually would love to do that — I think that policymakers/regulators would find it pretty interesting to hear from @VitalikButerin
he’s *very* different from the average person in DC, but in a kinda refreshing way–calmly and thoughtfully saying what he thinks
— SBF (@SBF_FTX) October 30, 2022
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Sourced from decrypt.co.
Written by André Beganski on 2022-10-31 00:48:47.