DeFi, derivatives and fixing an antiquated financial system: Kristin Boggiano

[Dociko]

We have a very antiquated financial system and regulatory process — I think that there's a natural struggle that's happening between innovation, and trying to protect the retail."

Kristin Boggiano, a lawyer and co-founder of the CrossTower digital asset exchange, developed her ethos on protecting the vulnerable while working and living in the Amazon during the 1990s, helping fight for the rights of the Cofán people against the Big Oil companies.

She later worked creating mortgage-based derivatives on Wall Street right before exotic derivatives shouldered part of the blame for causing the global financial crisis, or GFC. In the aftermath, she put her inside knowledge to good use as a regulatory lawyer helping shape market reforms.
Source: Cointelegraph