Apply Quote by William Mougayar
“Many regulators are quick to apply existing compliance practices that treat tokens as a security, therefore elevating the barriers and costs of implementation for entrepreneurs.”
About This Quote
Source Speech: Industry conference on blockchain regulation, 2023
Regulators often default to existing securities rules for tokens, raising costs and barriers for startups.
In simple terms: Regulators treat tokens like securities, making it harder for entrepreneurs.
Advocate for token‑specific regulatory frameworks.
Themes
Mood
Type
When to use this quote
- startup fundraising
- token issuance
- compliance planning
- legal consulting
Key Concepts
Questions to Reflect On
- How can entrepreneurs influence smarter regulation?
- What alternatives exist to costly compliance?
May overlook nuanced token functions and emerging models.