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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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24075189 No.24075189 [Reply] [Original]

so i've been doing some reading - https://cointelegraph.com/news/wake-up-and-smell-the-coffee-regulation-is-coming-to-defi-says-expert

"Regulation is coming to DeFi, like it or not, she said, but if those involved feel that frameworks like the FATF’s travel rule are not proportionate to the level of money laundering risks in their space, they will need to “step up their game” and make the case themselves.

Regulators, too, will have to recognize that while the older models used by the FATF may just about work for a still-intermediated crypto world, they won’t necessarily do so for DeFi."

in comes union / unn, and i see some crying about KYC and so many restricted countries. i don't think you all understand, so i welcome you to have a read: https://wolfcrypto.medium.com/union-finance-ama-with-wolf-crypto-d2077dfad23d

"A lot of work up to this point has been done on regulatory compliance — we’re investing early to build a project that can both serve the innovation of crypto and also meet the increasing regulatory oversight in the space. We believe our regulatory compliance creates as valuable a mote as the technology and the community. "

***** "The demand for protection far oustrips the capacity right now. Only ~2% of TVL is insured at this point. Even with a conservative assumption, you are looking at a 10x gap to be filled." *****

^ pay attention to that figure.

whitepaper, READ IT, let it sink in: https://unn.finance/wp-content/uploads/2020/10/UNION-Whitepaper-DRAFT.Oct_.2020.pdf

*this is the beginning of an insurance bubble*
screencap this.

>> No.24075394

insurance bubble is self fulfilling. only question is how high UNN will go. the team is based as fuck. zargham is the vitalik of the 20's IMO.