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Episode 18 | Thomas Nägele on Regulation of Crypto, Defi & DAOs

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Content provided by Umar Mallam Hassam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Umar Mallam Hassam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The topic of regulation in the crypto space causes division. While some feel uneasy, the rest would welcome it as it's a necessary evil for crypto adoption.

Until now, crypto has undoubtedly largely benefited from the lack of clear regulations.

Regulators around the world have struggled and been playing catch up with the pace of innovation in crypto, while trying to find a balanced approach between protecting investors and not over regulating and squashing innovation.

One country which stands out from the lot is Liechtenstein, as it’s one of the first countries to issue regulation on the tokenization of assets.

For episode 18, I have the immense pleasure to have on the show Dr Thomas Nägele, the managing partner at Nägele law firm who was part of the working group to draft the Blockchain Act of Liechtenstein.

In this episode, you will learn;

  • The proposed crypto regulation by the European Commission titled MiCA;
  • How to regulate Defi protocols;
  • The Blockchain Act of Liechtenstein and a future where everything is tokenized;
  • Whether crypto needs its own regulator;
  • The issue of the legal identity around DAOs, and much more.

As a disclaimer, even if Dr Thomas is an Attorney at Law, nothing in this episode constitutes legal advice.

This episode is brought to you by AuditChain - the world's first decentralized continuous audit and real time reporting protocol.

Traditional audit methodology focuses on “materiality”, not accuracy. We are constrained by time and cannot audit 100% of the transactions, and therefore we perform sampling.

AuditChain decentralizes audit and uses an independent assurance methodology that automates auditing tasks, and continuously audits 100% of the transactions.

With AuditChain, Chartered Accountants and professionals will write and own Process Control NFTs that automate internal and disclosure controls, where these NFTs pay royalties in return.

With more and more automation, accountants will increasingly find themselves becoming redundant. If you are a forward thinking CPA or Chartered Accountant, and want to participate and be in touch with the latest developments from AuditChain in decentralizing the audit profession using blockchain, you should apply for membership by visiting DCARPE Alliance.

If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes. It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Together we can help accountants prepare themselves for a blockchain future.

For show notes and past guests, please visit theaccountantquits.com/podcasts/

Follow The Accountant Quits:

Instagram: instagram.com/theaccountantquits/

LinkedIN: linkedin.com/company/the-accountant-quits

  continue reading

70 episodes

Artwork
iconShare
 
Manage episode 340967176 series 3394208
Content provided by Umar Mallam Hassam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Umar Mallam Hassam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The topic of regulation in the crypto space causes division. While some feel uneasy, the rest would welcome it as it's a necessary evil for crypto adoption.

Until now, crypto has undoubtedly largely benefited from the lack of clear regulations.

Regulators around the world have struggled and been playing catch up with the pace of innovation in crypto, while trying to find a balanced approach between protecting investors and not over regulating and squashing innovation.

One country which stands out from the lot is Liechtenstein, as it’s one of the first countries to issue regulation on the tokenization of assets.

For episode 18, I have the immense pleasure to have on the show Dr Thomas Nägele, the managing partner at Nägele law firm who was part of the working group to draft the Blockchain Act of Liechtenstein.

In this episode, you will learn;

  • The proposed crypto regulation by the European Commission titled MiCA;
  • How to regulate Defi protocols;
  • The Blockchain Act of Liechtenstein and a future where everything is tokenized;
  • Whether crypto needs its own regulator;
  • The issue of the legal identity around DAOs, and much more.

As a disclaimer, even if Dr Thomas is an Attorney at Law, nothing in this episode constitutes legal advice.

This episode is brought to you by AuditChain - the world's first decentralized continuous audit and real time reporting protocol.

Traditional audit methodology focuses on “materiality”, not accuracy. We are constrained by time and cannot audit 100% of the transactions, and therefore we perform sampling.

AuditChain decentralizes audit and uses an independent assurance methodology that automates auditing tasks, and continuously audits 100% of the transactions.

With AuditChain, Chartered Accountants and professionals will write and own Process Control NFTs that automate internal and disclosure controls, where these NFTs pay royalties in return.

With more and more automation, accountants will increasingly find themselves becoming redundant. If you are a forward thinking CPA or Chartered Accountant, and want to participate and be in touch with the latest developments from AuditChain in decentralizing the audit profession using blockchain, you should apply for membership by visiting DCARPE Alliance.

If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes. It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Together we can help accountants prepare themselves for a blockchain future.

For show notes and past guests, please visit theaccountantquits.com/podcasts/

Follow The Accountant Quits:

Instagram: instagram.com/theaccountantquits/

LinkedIN: linkedin.com/company/the-accountant-quits

  continue reading

70 episodes

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