October 17, 2022

DeFi vs. Regulators: Who’s Winning?

Source: Politico

Journalist: Ben Schreckinger

The view of Ethereum's stepped-up compliance from Wall Street and Washington is quite different from that of the crypto purists. For big financial institutions eager to avoid the ire of D.C. regulators, network-level sanctions compliance could make Ethereum more attractive, said Yaya Fanusie, a fellow at the Center for New American Security, a think tank, who focuses on the national security implications of digital assets.

“While the die-hard crypto enthusiasts are focused on blockchain as censorship resistance,” Fanusie said, “Everyone who is looking at the development of digital assets as a legitimate financial rail is not such an absolutist.”

Read the full story and more from POLITICO.

Author

  • Yaya J. Fanusie

    Adjunct Senior Fellow, Energy, Economics and Security Program

    Yaya J. Fanusie is an Adjunct Senior Fellow at the Center for a New American Security (CNAS) where his research focuses on crypto, blockchain, and central bank digital currenc...