. Be it through direct compensation, media partnerships, or networking. The author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYORJerry Lopez: Regulations on DeFi remain an ongoing debate. Of course, regulations can help weed out fraudulent companies and keep users and transactions secure.
Jerry Lopez: It depends on the type of regulations that are in place. On the one hand, regulations can help separate transparent, authentic organizations while too much regulation can halt progress. I believe the FTX controversy in itself is a turning point for the industry, and it will help people do their own research, and be more critical of the projects they invest in.
Jerry Lopez: On the contrary, I think this purging of companies that lack transparency and credibility is a good thing. Like a bonsai that needs to be pruned in order to grow, the industry needs to be trimmed off the companies weighing its own and hindering its growth. When more credible companies are in the spotlight with real, human-focused ambition; there will be greater adoption and progress within the space.
Source: Digital Coin News (digitalcoinnews.net)
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