Central bank institution, BIS, says ‘The decentralization in DeFi just an illusion’

BankingDive | Robin Bradley | Dec 7, 2021 DeFi is ripe for regulation before the ecosystem becomes more popular, the Basel-based organization says in its quarterly report. “The point raised in the special feature is that there’s a limit to how far you can run a whole financial system purely based on those automated transactions,”

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