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Regulating a bankless economy is a complex challenge that will require a multifaceted approach. Some potential regulatory frameworks include: Consumer protection regulations: These regulations would aim to protect consumers from fraud and other abuses. For example, they could require decentralized finance (DeFi) platforms to disclose risks to users and to provide clear and concise terms of service. Anti-money laundering (AML) and know your customer (KYC) regulations:...

How to regulate a bankless economy Regulating a bankless economy is a complex challenge that will require a multifaceted approach. Some potential regulatory frameworks include: Consumer protection regulations: These regulations woul…