๐ **WEF Advocates for DeFi Sandboxes: A Recipe for Innovation?** ๐งช
The World Economic Forum (WEF) is calling on global policymakers to embrace regulatory sandboxes for DeFi. In its latest report, the WEF assessed nine major economies, including the US and UK, and found that a sandbox-first approach is key to fostering DeFi innovation.
- **Sandbox Success:** Countries using sandboxes for controlled DeFi experiments are seeing progress.
- **Tailored Regulation:** Only 9% of jurisdictions have adapted existing financial laws to digital assets.
- **Stablecoin Frameworks:** The UK, Hong Kong, and Singapore lead in developing stablecoin regulations.
What do you think? Are sandboxes the future of DeFi? Drop your thoughts below! ๐ฌ