Web3 Is Coming Fast, and Regulation Needs to Keep Pace

Web3 is a buzzword and concept that quickly rose to prominence during 2021 and 2022, alongside the continued investment in underlying blockchain technologies by institutions and nation-states across the board. Despite the increased level of attention and investment, however, there remains significant ambiguity with regards to how web3 use cases and applications should be treated from a regulatory perspective. Not equivalent to blockchain or cryptoassets, it is important to recognize how closely