Is DeFi everything that it purports to be? | News

|
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.
Today’s other top stories