THE NEW REGULATORY PARADIGM

How Decentralized Systems Will Improve Financial Oversight

Authors
Jason Rozovsky
Head of Legal, Interop Labs
Lewis Rinaudo Cohen
Co-Head of the CahillNXT Practice, Cahill Gordon & Reindel

Historically, the emergence of financial technology has provided unique tools for better protecting financial systems.

The debate over regulating blockchain-based assets, currencies and financial applications has thus far framed the conversation as a conflict between regulations designed for legacy financial systems, and new technologies that can deliver better services.  This paper aims to reframe that debate, seeking a more productive and open dialog between technology innovators and the regulatory community.