Last week the Chief Legal Officer of #Coinbase Paul Grewel told the #sec that it is impossible for them to regulate DEXs as exchanges due to the complexity of their structural design. #crypto #regulation
Last week the Chief Legal Officer of #Coinbase Paul Grewel told the #sec that it is impossible for them to regulate DEXs as exchanges due to the complexity of their structural design. #crypto #regulation
Good news if true. Although that might get their ire up.
They do not like to be told their power is limited.
I still need to ponder exactly why #Coinbase would take the side of DEXs... especially as it places them in a bad light with the #sec...
Good question. Could they tap into them at a later date and become a front end.
That way the traffic is on their platform in accessed the LP and DEX.
Just a thought.
There has to be an advantage... otherwise, it doesn't make business sense...
I am sure they are doing something. This is not driven by altruism to the #crypto movement.
They will be monetizing this somehow.
Yep, something is definitely up there...
Spot on. I've always wondered when people talk about regulations, how the hell would it be possible to extend those to DEXs
I just published an article on #DeFi and the future... mentioned this #coinbase scenario as well...