DeFi regulation: it’s not a matter of if, but when
The push to regulate DeFi is stronger than ever, and the sector would be wise not to fight but participate in that inevitability, writes Michael Shing of XREX.
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Michael Shing is the Taipei-based director of risk management for XREX Inc., where he is focused on emerging cryptocurrency regulation and risk assessments of crypto firms. Previously, Michael spent over 10 years at the U.S. Federal Reserve branches in New York and San Francisco, where he was involved in ensuring the safety of the largest banking institutions by assessing risk management practices. He has also worked for UBS and Merrill Lynch.