PROGRESSIVE COMPLIANCE

Summary from the TLDR Crypto newsletter

This article from Placeholder explains how the legal and regulatory uncertainties surrounding blockchains and dapps remain key barriers to mass adoption. Many projects aim to achieve "progressive decentralization" to comply with current regulatory frameworks. The primary challenge with this approach lies in accomplishing compliance without compromising foundational principles. The article lays out a parallel concept called “progressive compliance” for companies or protocols whose business models do not make sense to decentralize.