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Legal expert affirms public blockchains remain regulatory standard despite corporate L1 launches – TON BOT

Legal expert affirms public blockchains remain regulatory standard despite corporate L1 launches

Jake Chervinsky, chief legal officer at Variant Fund, argues that decentralized public blockchains should remain the standard for product development, despite the rise of corporate-controlled layer-1 networks. He believes that regulatory compliance concerns and commercial control may drive institutional adoption of blockchain technology. Lobbyist groups are advocating for a flexible approach towards decentralization with the SEC.


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