DeFi Regulation Gets an “Uber Path” Pitch From Aave Founder
DeFi regulation just got an unexpected metaphor from one of the industry’s best-known builders. Aave founder and CEO Stani Kulechov says decentralized finance may need to follow what he calls an “Uber path” if lawmakers struggle to settle on clearer rules.Kulechov spoke with The Block’s Gareth Jenkinson at Avalanche Summit in New York on Wednesday, less than a day after the U.S. Senate voted 49-50 against advancing the Clarity Act.
The setback has not made Kulechov give u