Decentralised Finance Comes Under Global Regulators’ Scrutiny as They Seek to Safeguard Market Stability

Decentralised Finance Comes Under Global Regulators’ Scrutiny as They Seek to Safeguard Market Stability

Global securities regulators set out on Thursday their first blueprint to make participants in “decentralised finance” (DeFi) accountable for their actions and safeguard market stability. DeFi platforms allow users to lend, borrow and save in digital assets, using the blockchain technology that underpins cryptoassets to bypass the traditional gatekeepers of…