Global and Permissionless

Which of these steps needs nobody's permission?

• Creating a new address in a wallet app
• Selling crypto for local money on an exchange
• Withdrawing money to a bank account

Which statement about permissionless networks is accurate?

• Because the network is permissionless, the law doesn't apply to its users
• Every token on a permissionless network is equally impossible to block
• The network accepts any valid transaction, but businesses at the edges follow licensing and anti-money-laundering rules