
sketchmaster3000
@crashdundee
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In a roundtable discussion on the Future of Financial Market Infrastructures at SmartCon 2024 Hong Kong organized by ChainLink, Jennifer Peve, Advisor at Chainlink, said, βWith respect to regulation, I think there is still a regulatory asymmetry, where each jurisdiction has its own regulatory regime, and there are different goals and different approaches in those regimes, and they have very different maturities. And there are different objectives, different approaches, and very different levels of maturity in those regimes. Secondly, regulatory regimes need to have priorities, and we cannot have markets that are totally dependent on regulatory organizations to function. So perhaps emerging markets are a more important testing ground than regions that have developed a fixed regulatory framework - after all, as the saying goes, 'it is easier to tear down a house than to rebuild it, and it is more difficult to rebuild a house than to remodel it'.β 0 reply
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