Regulators and politicians are becoming aware of the power of crypto. When a change like this happens, they seek to understand it. Unfortunately, to learn about crypto, they are turning to their large donors, who in many cases are incumbent financial institutions. What we've seen is that those groups are more interested in preserving their position than allowing innovation. This is known as "regulatory capture”.
An Introduction to PAC DAO
An Introduction to PAC DAO
An Introduction to PAC DAO
Regulators and politicians are becoming aware of the power of crypto. When a change like this happens, they seek to understand it. Unfortunately, to learn about crypto, they are turning to their large donors, who in many cases are incumbent financial institutions. What we've seen is that those groups are more interested in preserving their position than allowing innovation. This is known as "regulatory capture”.