🚀 Variant Fund's chief legal officer said at X that as US regulators continue to crack down on cryptocurrencies, many project parties are considering using geofencing as a compliance strategy. Geofencing creates a virtual "fence" to prevent users in a specific region from accessing the product, becoming an alternative when regulatory requirements cannot be met. However, Chervinsky believes this is an extreme and expensive measure that may even mean abandoning the US market. What do you think? 💬#blockchain#cryptocurrency#regulation#geofencing