kaal:claim:3949098-032

Without standards for digital assets it will be very difficult to increase regulatory certainty or coordinate market activity, and without regulatory certainty the digital asset market is less likely to evolve.

Without standards for digital assets, it will be very difficult to increase regulatory certainty in the digital asset space and coordinate market activity. Without regulatory certainty the market for digital assets is less likely to evolve.

Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021), IV. Policy Considerations, 1. Standard Setting, p. 27
https://ssrn.com/abstract=3949098 · source PDF

Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021). SSRN: https://ssrn.com/abstract=3949098

• digital asset markets seeking mass adoption

conditionsupport: arguedfailure: Standards Deficit Blocks Market Evolutionfamily: harmonization-and-standardization-failureeconomicsinstitutional-design

• restates kaal:claim:3808873-034 Because basic standards for the governance of digital assets were still missing at the beginning of the 2020s,...
• extends kaal:claim:3808873-006 The profit driven influx into the digital asset space brought rampant fraud that created a chasm between the d...

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