Educating regulators will help to mitigate risks, says Figment exec

2022.06.28 21:11

Educating regulators will help to mitigate risks, says Figment exec

Cointelegraph’s managing editor Alex Cohen interviewed Figment’s staking marketing director Robert Ellison at the European Blockchain Convention (EBC) 2022. The duo discussed topics like educating regulators on blockchain and crypto, how businesses navigate uncertain regulatory landscapes and regulating staking.

According to Ellison, it’s crucial to educate regulators in the space to mitigate the risks of their going overboard without understanding the basics. The Figment executive mentioned that clear understanding is important because of the complicated nature of the space. He explained that: