A Few Unorthodox Thoughts on DeFi Regulation

Posted on by American Coins & Gold

A Few Unorthodox Thoughts on DeFi Regulation
In recent months, the fast-growing pace of the decentralized finance (DeFi) market has captured the attention of regulators looking to fit this new area of crypto into existing regulatory frameworks. Attractive yields and very unique financial instruments are regularly pushing the market to new highs, making the regulatory conversation increasingly relevant.What makes the topic of DeFi regulation so complex is the very unique nature of DeFi protocols. For decades, financial regulations have evolved around the concept of establishing trusted intermediaries to enable the key building blocks of the financial systems. DeFi challenges that core foundation by replacing those key financial…