Legal expert affirms public blockchains remain regulatory standard despite corporate L1 launches
Variant Fund chief authorized officer Jake Chervinsky maintains that decentralized public blockchains remain the regulatory standard for product growth, despite current bulletins of corporate-controlled layer-1 (L1) networks. Chervinsky argued on X that many new L1s constructed by firms for product-specific causes are “pointless” and “unhelpful” from a regulatory perspective. He famous that no US regulator…
