<ul><li>The SEC's ruling on 'DAO' tokens as securities was influenced by the level of decentralization in the token's network.</li><li>The Financial Stability Board in the UK expressed concerns about power concentration in decentralized technologies.</li><li>The EU's Markets in Crypto-assets regulation (MiCA) mentions decentralization as a key factor in determining if a system falls within its scope.</li><li>Testing new applications or ledger features in blockchains is done through testnets, which indirectly safeguard ledger properties.</li></ul>

Blockchain Decentralization: Policy, Regulation, and the Role of Testnets

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