By: Eric W. Hess*
Abstract
Confronted with a Hobson’s choice of either implementing stringent enforcement of uncertain regulation or geo-fencing the United States, regulators and stakeholders must consider collaborative alternatives for shaping the future of decentralized finance (“DeFi”). Championing collaboration, this Article emphasizes the need for all DeFi stakeholders, from intermediaries to builders, to proactively enhance transparency and risk management, … Read the rest