Partner Ariel Yosefi’s insights regarding the current crypto regulatory crossroads
3 June 2021
Partner Ariel Yosefi ,head of Herzog’s Technology & eCommerce Regulation department, shared with MONDATO his personal insights regarding the current crypto regulatory crossroads.
“Operators will look for ways to operate cross-jurisdictionally. They will look to be established in a particular section that will make it easier to operate for them, and from that jurisdiction, they will be able to operate in any jurisdiction they can… [Disparate regulatory regimes] will prevent the smaller players to enter. But the bigger players, the bigger payment processors, they can just throw enough money at lawyers who can explain to them how to operate in each jurisdiction.”
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