US Treasury: DeFi is a threat

to US national security, reports The Wall Street Journal. About a two minute read.

Comment: well, that is more than a little hyperbolic rhetoric, and the usual boogeymen — criminals, scammers and North Korean bad people — are allegedly using DeFi and The US can’t track them. To me this seems to be Centralised Finance making an argument to maintain their monopoly and profit generating positions as middlemen. Bogus.