Regulating Innovation
Santiago emphasizes that regulators are generally supportive of the crypto space and aim to foster growth that benefits consumers. He draws parallels to the entertainment industry, suggesting that just as standards were developed for platforms like YouTube, similar approaches will be taken for DeFi. Spencer adds that behind-the-scenes efforts are ongoing to engage with regulators, highlighting that the evolution of the financial system is a collaborative process rather than a looming threat.In this clip
From this podcast

Bankless
The Current State of DeFi | Vance Spencer, Santiago Santos, Spencer Noon
Related Questions
How is the crypto industry evolving as discussed in the episode a16z Podcast | The Regulatory Landscape for Crypto and the clip Government Coordination?
How is the crypto industry evolving as discussed in the a16z Podcast episode "The Regulatory Landscape for Crypto" and the clip "Government Coordination"?