Introducing The Axial Studio newsletter
Dear Web3Roundup readers,
I’m excited to announce that I’ve launched a second substack newsletter called The Axial Studio with Matt Homer, Former NY Department of Financial Services and now crypto/web3 investor and advisor. Through this newsletter and related endeavors, we’re advancing the dialogue, transparency and collaboration between industry players, customers and regulators. I’ve included a snippet of our first post below, please subscribe and share. I will still be publishing this newsletter, Web3Roundup, as a weekly news roundup each Thursday. Thank you for your continued support!
Bringing Blockchain Operators and Regulators Together for a Constructive Future
In recent years, the blockchain industry has developed a much greater appreciation for regulation, operational excellence and risk management, as compared to the Wild West of its earlier years. Many of the serious players want to find ways to operate their businesses to serve their customers while also protecting them - arguably, the main goal of their regulators. Yet, in the past year, a few bad actors have set the relationship between industry participants, customers and regulators backward. Customers have lost trust in the industry, regulators are taking an enforcement-first approach and companies are trying to navigate the uncertainty. Unfortunately the dialogue between all these stakeholders have been dominated by the loudest voices, with each side talking past each other, not with each other.
Crypto is here to stay because of the fundamental value and efficiencies that the industry has the potential to create for the financial system, and no amount of enforcement will truly be able to completely wipe it out…
(To read the rest of the post, please click the link below)