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23.11 - 23:07
DeFi — the ‘Wild West’ of crypto — is next on regulators’ hit list
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The fast-growing decentralized finance industry could be about to get a rude awakening.
Decentralized finance, or "DeFi" as it's commonly referred to, is a trend in cryptocurrencies that first started gaining traction in 2020.
It's been called the "Wild West" of crypto — hoards of computer programmers trying to bring traditional financial products such as loans to the blockchain.
The idea sounds promising. In theory, anyone could lend and borrow digital money at competitive interest rates, with
Read more on cnbc.comAbout this in other media
Meet Ertha, Defi’s First Metaverse That Lets You Own NFT Land cryptonews.com /2 years ago
Portal and Polygon Enter Strategic Partnership to Boost Bitcoin Usability in DeFi Ecosystem cryptonews.com /2 years ago
Portal partner with Polygon to advance DeFi on Bitcoin cointelegraph.com /2 years ago
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