Fed’s Powell stresses on the significance of DeFi regulation and…

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

Fed’s Powell stresses on the significance of DeFi regulation and…

Jerome Powell, the chairman of the U.S. Federal Reserve, has spoken out over the growth of decentralized finance (DeFi) and its effects on the conventional financial environment, urging for appropriate regulation. The Fed chair, on 27 September, stated that there were “quite serious structural difficulties around the lack of transparency” in the DeFi ecosystem. He […]

Original source: AMB Crypto