Is DeFi everything that it purports to be? | News





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Banking, Consumer Protection, Financial Stability, Investor Protections, Nonbank Financial

Friday, April 1, 2022

A recent report from the International Organization of Securities Commissions (IOSCO) examined the risks, benefits, and realities of the fast-growing decentralized finance (DeFi) industry. The report looked into each layer of a DeFi structure to develop a comprehensive understanding of the decentralized nature of these systems.

IOSCO found the distributed ledger technology may not be as decentralized as the name suggests.

Read on for more details.

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