As DeFi scams, exploits, and collapses in the digital asset space become more prevalent, the need for comprehensive regulation to protect consumers has been more important than ever. While space has often struggled against oversight from any sort of centralized body, the popularity of modern digital assets and the plethora of applications built using blockchain technology have necessitated the need for some level of regulatory guidance, particularly on Protecting citizens from predatory financial schemes designed only to line the pockets of creators and their stakeholders.

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