ilmscore | They’re CRACKING DOWN on DeFi! This Report Reveals It All!

They’re CRACKING DOWN on DeFi! This Report Reveals It All!

Published: 2024-01-07
Status: Available | Analyzed

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Unrated: 0
Prediction
Topic
Status
IOSCO's DeFi recommendations are likely to become regulations in the near future.
"these recommendations could become regulations in the not too distant future"
DeFi Regulation
Pending
Regulators globally are beginning to target individual crypto developers, not just companies.
"regulators around the world are starting to Target individual crypto developers not just companies"
DeFi Regulation
Pending
Regulators acknowledge that enforcing KYC on DeFi protocols will require identifying specific individuals first.
"Regulators around the world know that they would never succeed in getting defi protocols to enforce kyc until they've actually identified the people who could implement such a requirement"
DeFi Regulation
Pending
Regulators should identify any DeFi activity that could be considered a securities offering, not just governance tokens.
"the authors instruct Regulators to look for anything that could be classified as a Securities offering not just governance tokens"
DeFi
Pending
Regulators are advised to identify individuals and institutions responsible for operating DeFi products or services.
"the authors instruct Regulators to be on the lookout for any individuals and institutions that could be held accountable for operating a defi product or service"
DeFi
Pending
The upcoming DeFi recommendations will compel existing DeFi protocols to increase their decentralization.
"these defi recommendations will force existing defi protocols to decentralize as much as possible"
DeFi
Pending
The regulatory pressure on DeFi may lead to an increase in non-financial use cases within the crypto space.
"we could see more non-financial use cases emerge in crypto"
DeFi
Pending
DeFi protocols that cannot comply with new regulations may be forked and resurrected, similar to Tornado Cash.
"those that don't will likely be forked and revived just like some people are trying to do with tornado cach"
DeFi
Pending
The emergence of non-financial use cases in crypto, driven by DeFi shifts, could lead to significant mass adoption.
"the explosion in non-financial use cases could set the stage for some serious Mass adoption"
Crypto Adoption
Pending
While initial crypto regulations may be restrictive, they are predicted to ultimately foster greater individual and institutional adoption.
"initially crypto regulations are likely to be restrictive and damaging but the even bigger byproduct will be more individual and institutional adoption over time"
Crypto Regulation
Pending
Layer 1 blockchains may be considered to be performing clearing and settlement activities.
"layer one blockchains could themselves be carrying out clearing and settlement activities"
Layer 1 Blockchains
Pending