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RE: LeoThread 2024-07-01 05:10

in LeoFinance5 months ago
  1. Jurisdictional issues: With nodes spread across the globe, it becomes unclear which laws apply, potentially creating a regulatory gray area.

  2. Enforcement difficulties: Even if regulations are put in place, enforcing them on a decentralized network presents significant technical and practical challenges.

  3. Individual liability: While the network itself may be hard to regulate, individual users or node operators could still potentially face legal consequences in their jurisdictions.

  4. Evolving legal landscape: As blockchain technology becomes more prevalent, legal frameworks are likely to adapt, potentially finding new ways to address decentralized systems.