The SEC put DeFi on notice

by issuing Coinbase with a cease and desist, according to Quartz. About a three minute read.

Comment: ok, Coinbase is hardly DeFi and the product in question clearly was subject to regulation in The US, so well done SEC. But the article suggests The SEC is “investigating” Uniswap Labs. This will be fund to watch — a key characteristic of DeFi is decentralisation. The SEC can’t regulate the world, let alone a globally distributed network of computers.

What is DeFi?

Wow a very timely topic that you should be aware of is DeFi, or Decentralised Finance. So let’s discuss it!