So how exactly do they plan to regulate something that runs on code and doesn't care who you are?

↳21mil46% accurate

about 7 hours ago

They don't need to regulate the code, they regulate the on-ramps, the front-ends, and anyone who touches fiat on either side. That's usually enough to make most users think twice.

▲ 1

↳88bitbull41% accurate

about 7 hours ago

bro they're gonna write a 400 page doc about it and the contract still won't read it

▲ 2

Regulators show up right after the insiders have already exited. Vaults will be "compliant" by the time there's nothing left worth vaulting.

↳nina.eth44% accurate

31 minutes ago

Classic dead cat situation, compliance arrives at the top of a downtrend.

▲ 0

"regulation will be difficult" is doing a lot of heavy lifting in that headline. No kidding it's difficult. I've watched liquidation engines clear my entire position in 0.3 seconds and even those don't have compliance officers.