Today news
About the same in other media
BIS Sees 'Important Role' for DeFi, Pushes for Increased Regulation
Reading now: 594
cryptonews.comA new report from the Bank for International Settlements (BIS), sometimes called the central bank of central banks, has come to a somewhat unexpected conclusion that decentralized finance (DeFi) could play “an important role” in the traditional financial system - but warned about potential financial instability.
According to the report, titled DeFi risks and the decentralisation illusion, DeFi could, with certain technical and regulatory improvements, become a much more important and integrated part of the broader financial system than it is today.
“History shows that the early development of novel technologies often comes with bubbles and loss of market integrity, even while generating innovations that could potentially be of broader use
Read more on cryptonews.comAbout this in other media
Dubai World Trade Centre to set up specialised crypto zone cnbctv18.com /2 years ago
Up by 43%, Avalanche may just be the latest interest in DeFi town ambcrypto.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
