Curve founder Michael Egorov said regulatory pressure from the FATF, the global anti-money laundering watchdog, could ultimately strengthen DeFi by pushing protocols to give up privileged access. He said such scrutiny may lead projects to remove the ability to change risk parameters, carry out upgrades, or intervene in user funds, which could improve security and deepen decentralization. Egorov also argued that the existence of a development team should not automatically make a protocol subject to financial regulation, saying that writing, maintaining and managing code does not in itself amount to control over a protocol. The comments, reported by The Block, come as regulators and the industry debate how existing rules should apply to decentralized systems.