How Smart Regulation Can Supercharge Crypto Innovation
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Regulation encouraged PayPal's growth by pushing them to improve security and expand globally. Crypto regulation can also drive positive change.
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Regulators can play a "superhero" role by enforcing accountability on businesses that behave improperly.
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Regulation led Robinhood to improve risk disclosures after being fined $70M. Crypto exchanges need better disclosures.
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Revolut's biometric authentication improved user experience. Hardware wallets provide similar security benefits for crypto.
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Well-designed regulation can enable innovation, but caution is still needed to avoid stifling growth. The goal should be supercharging crypto, not curbing it.