Braden Perry Featured in Cointelegraph Article on Decentralization and Security Issues with Decentralized Apps
On January 9th, on Cointelegraph posted an article discussing Google and Apple’s flip-flop on Crypto. The proliferation of Decentralized Apps (“DApps”) and the lack of regulatory clarity creates a headache for tech giants. Among other experts, Braden Perry discusses security issues and regulation with (“DApps”).
“Regulation is inevitable. How it will affect crypto depends on what that regulation looks like. A hasty attempt to reign in every potential for security would likely fail and cause more damage than good to the technology. But a well-designed regulatory scheme that aims to affect the bad actors and not overregulate the technology would likely be a positive for crypto, and this would require a collaborative effort between congress, regulators, big tech (Google, Apple, etc) and developers.”
Article in full is available to read here: https://cointelegraph.com/news/better-safe-than-hacked-google-and-apple-flip-flop-on-crypto
About Kennyhertz Perry’s Financial Services practice group:
Kennyhertz Perry integrates broad regulatory expertise, including compliance and enforcement, with the transactional practices to which that expertise is critical. We are called upon by businesses who need help navigating current and future regulatory challenges stemming from the global financial crisis. To assist our clients in understanding the issues that will affect their industries, entities and transactions, we understand the impact of regulations and requirements of both The Dodd-Frank Wall Street Reform and Consumer Protection Act and a wide variety of U.S. and foreign regulatory reforms targeting investment business and market structures, alternative investment fund managers, private equity and others, central clearing and exchange-trading of derivatives, market abuse and insider dealing, capital regimes, and commodity derivatives.
Kennyhertz Perry attorneys also have broad BSA/AML experience across the spectrum of bank and non-bank financial institutions. These include traditional chartered banks, broker-dealers, commodity trading advisors, money transmitters, non-bank lenders, and virtual currency businesses. We are experienced in counseling and drafting BSA/AML practices, policies, and procedures. Our combined knowledge and skill permit us to anticipate potential problems before they become serious issues and assist clients in responding effectively to regulatory and law enforcement criticisms or inquiries.
Kennyhertz Perry regularly counsels lenders, investment advisers, broker-dealers, and fund managers on the laws, rules, and regulatory developments affecting their business, including regulatory requirements, risk management, licensing and registration, sales and marketing practices and materials, manuals and training, day-to-day compliance.
Kennyhertz Perry, LLC is a business and litigation law firm representing clients in highly regulated industries. The firm was founded by two veteran Kansas City attorneys, John Kennyhertz and Braden Perry. To learn more about the firm, visit kennyhertzperry.com.
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