SEC looking closely at DeFi
and seem to be promising “protections” for customers. About a two minute read.
Comment: Gensler is correct, there is a lot of lending going on. I’m very active in DeFi for one simple reason: returns are double digit, even in the safer protocols. I do agree with him about innovative in the sector and the timeline — perhaps three to five years for regulation to catch up. Until then, let’s have some fun!
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