This session featured a detailed discussion between Alakanani Tiriling, founder of the Satoshi Center in Botswana, and Dax Hanson, a blockchain-focused lawyer. They explored the evolution of cryptocurrency regulation, beginning with early U.S. rules from FinCEN in 2013, highlighting the challenges of fitting decentralized crypto into traditional legal frameworks. They discussed how many countries have developed financial and anti-money laundering laws, but differences remain—especially U.S. securities laws, which are stricter than elsewhere and often hinder innovation. Dax emphasized that while some regulation is necessary for consumer protection and building trust, excessive or unclear rules can stifle innovation and drive projects offshore. The conversation underscored the balance between protecting users and fostering a healthy, innovative crypto ecosystem globally.
