Regulatory and risk issues related to cryptocurrency field can't be efficiently and with relatively high confidence resolved within the existing nation-state jurisdictions nor can the current international organizations' configuration handle such a new and highly complex fintech field.
We can put together the best
regulatory and risk management frameworks but without having any real
possibility to enforce them, we are simply stuck. Any way out of this complicated cul de sac?
Here is the simple
rule of thumb: When and where we can't deploy uniformed agents we have
to create and put to work AI agents with the right toolset. In other
words, the only reasonable possibility of solutions could be thought out
and pursued through the advanced technology implementation and
deployment. The two basic components of such a technical
resolution are respectively
(a) Smart Contracts
We still do not have companies focusing specifically on
developing such solutions but that is only a matter of time before we witness a new line of startup activity trying to address the regulatory issues in the cryptosphere.