Web3 is not lawless territory. Regardless of how the term is defined or conceptualized, a number of existing laws and regulations already clearly apply – in some cases to the activities being conducted in Web3, in other cases to the underlying technologies supporting it and in yet other cases to those engaging with Web3. Overtime many other laws and regulations will be adapted, much like the process we have seen occur repeatedly when new technologies begin to gain traction. When the need for s
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