[nfin]

kind of, but also not really, or at least not the same amount or type of regulation.

DeFi is like many new things, it is it’s own new category (a car is not just a fast horse or the internet was not just a better fax machine).

For example: in DeFi you can hold your own money (not just an IOU, but the real private keys). So it would make sense that things should be regulated differently, as often there is no custodial risk. So this set of regulation probably should be applied differently. Just an example. Other regualtion might make sense (depending of you ask), but the question arises what to do if they are not enforcable (just regulate with illegal spying tools, or let do and warn the public and maybe even stop thinking the state should protect everybody… these are only questions, I do not imply/recommend anything with these questions)