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The cost of innovation — Regulations are Web3’s greatest asset

Cointelegraph.com NewsOpinion by: Hedi Navazan, chief compliance officer at 1inchWeb3 needs a clear regulatory system that addresses innovation bottlenecks and user safety in decentralized finance (DeFi). A one-size-fits-all approach cannot be achieved to regulate DeFi. The industry needs custom, risk-based approaches that balance innovation, security and compliance.DeFi’s challenges and rulesA common critique is that regulatory scrutiny leads to the death of… 

​Opinion by: Hedi Navazan, chief compliance officer at 1inchWeb3 needs a clear regulatory system that addresses innovation bottlenecks and user safety in decentralized finance (DeFi). A one-size-fits-all approach cannot be achieved to regulate DeFi. The industry needs custom, risk-based approaches that balance innovation, security and compliance.DeFi’s challenges and rulesA common critique is that regulatory scrutiny leads to the death of… 

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