Ultimately, any of the stablecoins on Ethereum will have to be in compliance. The entities that issue them will have to register, most likely as a bank, to be able to operate.
i would say that this applies to traditional entities such as a corporation, but what happens when it's a DAO that operates the stable coin? Seems like that would still be possible on Ethereum and would be decentralised. i suppose that the DAO would still need to hold the assets backing the stablecoin in a bank or via treasuries, somewhere.
It's going to be interesting and HBD being at the base layer is certainly a benefit to Hive.
If it is a DAO, then I would say there is a chance for it. However, if the node operators are targeted, it could really make things hairy.
A lot of things to work around. It is going to be interesting to see how this all unfolds. The key is to get rid of the founder's stake. That appears to be fatal.
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