Policy Forum 

# Differentiating DeFi: Understanding Efforts to Regulate Decentralized Finance 

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Date and Time 

January 19, 2023 12 - 1:30 PM EST 

Location 

Cato Institute, 1000 Massachusetts Ave, NW, Washington, DC 

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##### Featuring 

![Linda Jeng cropped](/sites/cato.org/files/styles/author_picture/public/2023-01/linda-jeng.jpeg?itok=gjd51nQm) 

Linda Jeng 

Chief Regulatory Officer and General Counsel, Crypto Council for Innovation

[ 

](https://twitter.com/lindajeng1) 

![Dane Lund cropped](/sites/cato.org/files/styles/author_picture/public/2023-01/dane-lund.jpeg?itok=bHnAFK8z) 

Dane Lund 

Core Contributor, Alliance DAO

[ 

](https://twitter.com/lund_dane) 

[![New Jennifer Schulp cropped image](/sites/cato.org/files/styles/author_picture/public/2023-03/jennifer-schulp-cropped-2.jpg?itok=kdrnmhHr)](/people/jennifer-j-schulp) 

[Jennifer J. Schulp](/people/jennifer-j-schulp)

Former Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

![Tiffany J. Smith cropped](/sites/cato.org/files/styles/author_picture/public/2023-01/tiffany-smith.jpeg?itok=-98cm4Uh) 

Tiffany J. Smith 

Partner, WilmerHale

[ 

](https://twitter.com/tjsmith414) 

[![Jack Solowey cropped](/sites/cato.org/files/styles/author_picture/public/2023-12/jack-solowey-cropped-1.jpg?itok=6fpRyXQw)](/people/jack-solowey) 

[Jack Solowey](/people/jack-solowey)

Former Policy Analyst, Center for Monetary and Financial Alternatives, Cato Institute

[ 

](https://x.com/JackSolowey) [ 

](mailto:jsolowey@cato.org) 

The bankruptcy of centralized crypto exchange FTX has led to congressional hearings and calls to further scrutinize and regulate cryptocurrency and decentralized finance (DeFi). But how does DeFi compare to centralized or traditional finance in terms of its risks and benefits, and how should regulation take into account these distinctions? This panel will explore what it means for financial instruments and exchanges, as well as networked organizations, to be decentralized, the proper role of regulators when confronting decentralized financial markets, and the future of financial technology policy and innovation. Please join us for an in‐​person lunch, or online, to hear from a panel featuring Linda Jeng, Dane Lund, and Tiffany J. Smith in discussion with Jack Solowey, hosted by Jennifer Schulp.

**Lunch will be available starting at 11:30 AM.**

## Additional Resources

- “[Practical Legislation to Support Cryptocurrency Innovation](https://www.cato.org/sites/cato.org/files/2022-07/BP140.pdf)‚” by Jack Solowey & Jennifer J. Schulp
- “[A Simple Proposal for Regulating Stablecoins](https://www.cato.org/sites/cato.org/files/2021-11/briefing-paper-128.pdf),” by Norbert J. Michel & Jennifer J. Schulp
- “[Congress Should Welcome Cryptocurrency Competition](https://www.cato.org/sites/cato.org/files/2022-04/BP138.pdf),” by Nicholas Anthony
- “[Sound Financial Policy](https://www.cato.org/sites/cato.org/files/2022-10/sound-financial-policy-118th-congress.pdf),” by Nicholas Anthony, Norbert J. Michel, Jennifer J. Schulp, George Selgin, & Jack Solowey
- “[DeFi Must Be Defended](https://www.yahoo.com/now/defi-must-defended-195515306.html),” by Jennifer J. Schulp & Jack Solowey
- “[Don’t Punish Crypto for the Sins of SBF’s FTX](https://www.nydailynews.com/opinion/ny-oped-crypto-sbf-ftx-20221129-ebwwqyrlszhj7o65rwznjyzb5a-story.html),” by Jack Solowey & Jennifer J. Schulp
- “[Regulatory Clarity for Crypto Marketplaces](https://www.cato.org/working-paper/regulatory-clarity-crypto-marketplaces),” by Jack Solowey & Jennifer J. Schulp

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