Web3 Foundation Advocates for Legal Clarity for Web3 Industry
Web3 Foundation whose flagship project is Polkadot , held an expert panel at Polkadot Decoded this week on the current state of web3 regulation in the EU.
- Web3 Foundation whose flagship project is Polkadot , held an expert panel at Polkadot Decoded this week on the current state of web3 regulation in the EU.
- The discussion outlined the importance of legal clarity for Web3 entrepreneurs and why jurisdictions such as the EU are surpassing laggard jurisdictions, which are mired in definitional and jurisdictional uncertainty.
- This panel follows Daniel Schoenberger, Chief Legal Officer of the Web3 Foundation and his testimony before the US Congress on regulating digital assets, where he argued the current regulatory approach has held back innovation in the Web3 space.
- “The Web3 Foundation sees its role as helping regulators to understand blockchain technology.