GCR Opinion: MiCA - Markets in Crypto Assets (Regulation) Part 2
Based on the last workshop, which stated facts about MiCA, this is a thought-experiment about how a DeFi-Product could look like, if we apply the same rules of a TradFi product. TradFi is highly regulated and the authorities seek to regulate DeFi too. However a DAO or DeFi product is hard to regulate, since there is nobody to hold accountable. Therefore, other standards, more in a technical / audit level have to be applied. This view is from a business analyst / product owner that designed many digital TradFi products according to regulation standards in Europe. This thought-experiment shows that web3 has much more possibilities to be even more UX-friendly and compliant than web2 / TradFi! Watch and learn with us! ****************************************************** Don't want to miss the latest from Web3 and want to know more about the GCR DAO? Keep in touch via our socials: https://linktr.ee/globalcoinresearch
Based on the last workshop, which stated facts about MiCA, this is a thought-experiment about how a DeFi-Product could look like, if we apply the same rules of a TradFi product. TradFi is highly regulated and the authorities seek to regulate DeFi too. However a DAO or DeFi product is hard to regulate, since there is nobody to hold accountable. Therefore, other standards, more in a technical / audit level have to be applied. This view is from a business analyst / product owner that designed many digital TradFi products according to regulation standards in Europe. This thought-experiment shows that web3 has much more possibilities to be even more UX-friendly and compliant than web2 / TradFi! Watch and learn with us! ****************************************************** Don't want to miss the latest from Web3 and want to know more about the GCR DAO? Keep in touch via our socials: https://linktr.ee/globalcoinresearch