Austin Federa, head of scheme at the Solana Foundation, spoke to Cointelegraph at the ETH Denver convention on the network's outages, the impact of guidelines, and the beginning of its cell instrument.
Talking to Cointelegraph on March 1, Federa said the Fresh York Division of Financial Providers and products — NYDFS, one of the most advise regulators guilty for licensing crypto corporations — was once essentially constructing roadblocks for many initiatives attempting to finishing up stablecoins or an identical blockchain products and companies. He added that Solana had heard from initiatives going through “slightly draconian” guidelines in the European Union connected to authorized responsibility spherical illicit transactions.
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