Emerging technology such as blockchain can change the world for the better, but regulation and innovation must work in tandem.
There is often a perceived tension between regulation and innovation. A pervasive narrative has emerged that these two important parts of our society are at odds with each other. In reality, it’s when these two come together as partners that we can effect change and transform our world for the better.Nowhere is this more true than in the blockchain industry. Over the last few months, we’ve seen seemingly reactionary regulators in different parts of the world try to formulate new rules and guidance in silos, without sufficient input from the key stakeholders most knowledgeable about the technology — the innovators themselves.Related: Stablecoins present new dilemmas for regulators as mass adoption loomsWe saw this in the United States at the end of 2020 when the Financial Crimes Enforcement Netw
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