kaal:claim:3782216-026

It is not possible to create a centralized regulator like the SEC for the decentralized economy, because doing so would place a supranational market under competing jurisdictions with naturally contradictory regulations.

It is, however, not possible to create a centralized organization, such as the SEC, for regulating the decentralized economy. Submitting to such regulatory power would place the supranational decentralized market under competing jurisdictions which naturally have contradictory regulations.

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021), Regulation
https://ssrn.com/abstract=3782216 · source PDF

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021). SSRN: https://ssrn.com/abstract=3782216

conditionsupport: arguedfailure: centralized regulation of a supranational marketfamily: jurisdictional-conflictlaw-and-legal-systemsdecentralizationgovernance-designeconomics

The quote above is an exact substring of the source PDF, whose sha256 is f1739743aa06bbc1641cd65da790d531b69d8628ea3f5cc3fcad1bf5a1242373. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/1a776a03913939a4...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3782216-026.md | sha256sum