Ethical finance must guide crypto’s evolution

From Cointelegraph
April 25, 2025 11:00 AM:

Crypto was created to decentralize power and democratize finance, but has lost its moral compass to speculation. Vitalik’s call for layer 2s to focus on community values over technical benefits is timely. The rise of layer 2 solutions promises scalability, but must prioritize lasting value creation over speculative gains.

In emerging markets, Web3 offers solutions to real-world problems like inflation and limited financial access. Ethical finance, like Islamic finance, provides valuable lessons for Web3’s future. Building with ethics, accessibility, and long-term utility can make a meaningful impact in these regions.

As Web3 innovates, it must focus on improving people’s lives beyond technical achievements or market capitalization. Islamic finance principles of transparency and fairness can guide Web3 to create decentralized systems for the benefit of all. It’s time to redefine success and innovation in the crypto industry.

Read more at Cointelegraph: Ethical finance must guide crypto’s evolution